The good news is indemnity insurers are refusing to pay for advisers for the retirement transfers, or hiking premiums to unaffordable prices

The good news is indemnity insurers are refusing to pay for advisers for the retirement transfers, or hiking premiums to unaffordable prices

A scandal at British Steel saw some employees lose thousands and thousands of pounds every after being convinced to go cash from the ongoing business retirement scheme.

Because of this, the price tag on the insurance that covers advisers for mis-selling claims is soaring — causing advisers to make their straight back on transfers, and making savers not able to find you to unlock their pensions. Continue reading “The good news is indemnity insurers are refusing to pay for advisers for the retirement transfers, or hiking premiums to unaffordable prices”