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FOR ADVISERS ONLY

DBAAT - examples of unsuitability

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This webinar is the second in our two-part series and focuses on the defined benefit advice assessment tool (DBAAT) - the tool the FCA uses to assess suitability of pension transfer advice.

If you haven’t already, we recommend watching – ‘Gathering information for pension transfer advice’ – before watching this webinar.

In this webinar, Justin Corliss and Clare Moffat, from the Intermediary Development and Technical team, cross reference the DBAAT questions with the guidance found in the DBAAT instruction manual and FG21/3.

Throughout this presentation we consider each of the examples of unsuitability listed in the DBAAT, to gain an understanding of why the regulator deemed these unsuitable, and direct delegates to further information contained in the supporting documents.

CPD learning outcomes - 60 minutes

timer iconAfter watching this webinar you'll be able to: 

  • Identify common shortcomings in investment advice related to pension transfers.
  • Identify common shortcomings in assessing suitability for a pension transfer.
  • Describe the sources of additional guidance available when advising on pension transfers.

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.