Ombudsman ruling paves the way for final-salary pensions redress

Savers who have transferred out of generous final-salary pension schemes could be entitled to compensation from their financial advisers, even if the adviser explicitly warned them against it

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(Image credit: 2016 Getty Images)

Savers who have transferred out of generous defined-benefit (DB) pension schemes could be entitled to compensation from their financial advisers, even if the adviser explicitly warned them against it, following a ruling from the Financial Ombudsman Service.

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