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OUR PRIVACY AND COOKIE POLICY

This Privacy and Cookie Policy states what we will do with your Personal Data once you have submitted your details to the site. By submitting your details, you agree to the principles of this policy. We comply with the Data Protection Act 1998. Any information you give to UK Investment Guides will be held with the utmost care and will not be used in ways that you have not consented to. If you have any requests concerning your personal information or any queries with regard to these practices please contact our Data Manager via email: info@ukinvestmentguides.com

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Amendments

Please note that this privacy policy is subject to change from time to time. It was last updated in April 2017.

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Rival providers row over pension transfer rights

written by Bella Palmer
pension

Advisers seeking to help their clients access their pension money have found themselves caught between two rival pension providers embroiled in an on-going conflict over pension transfers.

Pensionbee, a fintech pension provider, has complained to traditional life company Aegon about its slow transfer processes.

The newer kid on the block has claimed its older rival is employing systems which are directly targeting it, and making life more difficult for Pensionbee customers.

Both companies are members of Origo Options - a service which facilitates pension transfers - but since June, Aegon has refused to transfer to Pensionbee using the service.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Rival providers row fintech pension provider

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