Policy statement PS20/6 podcast

Listen to Clare Moffat and Justin Corliss as they discuss policy statement PS20/6 and guidance consultation GC20/1 in more detail, including the ban on contingent charging that will take effect from 1 October 2020, and other significant changes, and what this means for advisers. 

Shaun Cooper

Justin Corliss
Senior Pensions Development
and Technical Manager 
Royal London

Barry O’Dwyer

Clare Moffat
Head of Intermediary
Development and Technical team
Royal London

CPD learning outcomes – 30 minutes

timer iconAfter listening to this podcast you’ll be able to:

  • Explain how the ban on contingent charging is being applied.
  • Understand the strengthened requirement to consider a workplace pension as a destination for pension transfers.
  • Explain the features of abridged advice.
  • Identify changes the FCA has introduced to empower consumers during the advice process.

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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.