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Pocketmags Digital Magazines
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Pocketmags Digital Magazines

SBS suspends DB transfer business

A UK firm that writes third-party qualifying recognised overseas pension schemes (Qrops) transfer reports has suspended its defined-benefit pension transfer business following a Financial Conduct Authority (FCA) audit.

The Selectapension Bureau Service (SBS) provides report writing and financial advice services for pension transfers for financial advisers.

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