PLSA Response to FCA Consultation on DB to DC transfer advice and banning contingent charging

The PLSA has responded to the FCA’s consultation paper 19/25 on DB to DC pension transfer advice. Our response includes our support for a ban on contingent charging, our views on using scheme pays and the pensions advice allowance to pay for transfer advice and our views on MAPS, employers and trustees providing information, guidance and potentially triage services.