9 Principles of the Pension Transfer Gold Standard
Published / Last Updated on 07/06/2019
The 9 principles of the Pension Transfer Gold Standard that Pension Transfer Specialist Advisers must comply with:
- Helping clients understand when advice is appropriate
- Ensuring advice given supports the clients overall wellbeing in the context of their stated objectives
- Ensuring client understanding and acceptance of all charges
- Ensuring the most appropriate and updated technical skills are applied
- Transparent management of Conflicts of Interest
- Helping client understanding the cost of transferring benefits
- Avoiding unregulated investments and introducers
- Transparency in advice processes and outcomes
- Promoting the Consumer Guide to the Pension Transfer Gold Standard
