Capital & Income Solutions was a financial adviser that specialised in transferring defined benefit (final salary) pensions into standard pension schemes.

After an FCA review, it was concluded that the transfers were being done without the correct assessments or checks being done, and as such the transfers were not to the benefit of the  clients and were only being completed to generate large fees. Except under exceptional circumstances, transfers of defined benefit pensions are very rarely in the client’s best interests, as they generate guaranteed income throughout retirement and also continue to grow at a rate that is hard to match in a normal scheme.

If you were given advice to transfer your defined benefit pension by Capital & Income Solutions, you may be liable for a claim.

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