The article dispels the myth that transferring a single guaranteed pension to a flexible drawdown plan is unsuitable. It emphasises evidence-based assessments and cash flow analysis for suitable advice, stressing the importance of clear documentation and understanding by all parties involved.

The article highlights the impact of the Consumer Duty on retirement income advice. It outlines five key considerations for advisers: building a SMART plan, assessing risk appetite, critical analysis of options, evaluating costs and charges, and obtaining informed consent.

With a combined 70 years of pension expertise we bridge the gap between FCA COBS and legal teams. They present our critical analysis and application of pension regulations to refute or defend our clients. Collaborating with legal teams, we provide detailed expert opinions to help support a robust defence for clients.

This article discusses the implications of the McCloud Judgement on Public Sector Schemes and focuses on potential reclaims of previously paid Annual Allowance and Lifetime Allowance charges. It explains the choice members have in treating the Remedy Period and the process to reclaim excess charges.