Jerry Moriarty has been appointed as chairperson of Redbrucke
Sweden’s financial regulator, Finansinspektionen (FI), has launched an in-depth review of the growing number of occupational pension transfers, amid concerns that consumers may be encouraged to switch providers or investment types for reasons unrelated to their long-term pension outcomes.
FI’s head of unit, Daniel Lundin, warned that the increasing number of occupational pension transfers could create “incentives” for financial firms, advisers and intermediaries to encourage customers to switch providers for reasons other than securing a better pension solution that truly meets their needs