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A proposed shakeup of FCA guidance on DB pensions advice will make transfers ‘harder to justify’ and ‘more demanding’, an adviser firm claims.
The FCA this week revealed plans for changes on DB transfer advice, including scrapping guidance that the adviser should start from the assumption that a transfer will be unsuitable.
Curtis Banks Group’s communications boss has been added to the board of Suffolk Life after a ten-year stint working for the firm.

Greg Kingston has been appointed in the role of marketing & communications director.
The FCA has revealed plans for changes on DB transfer advice this morning, including scrapping guidance that the adviser should start from the assumption that a transfer will be unsuitable.
Two Sipp firms have reported profits in their latest results, with one returning to growth after two years of losses.
When Theresa May called a snap General Election in April, few would have envisaged the outcome resulting in a hung parliament and no Conservative majority.
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