Advisers are continuing to make basic errors in their record keeping which needs to be addressed before they can improve their defined benefit transfer advice, according to guests on the FTAdviser Podcast.

In this week's episode, reporter Amy Austin talks to Alistair Cunningham, financial planning director at Wingate Financial Planning, and Rory Percival, regulatory expert, to discuss what mistakes advisers are making when it comes to defined benefit transfer advice and how the Financial Conduct Authority’s new policies will help to address this.

They also touched on what the FCA's new rules will mean for the advice profession and the effectiveness of the regulator's action on DB transfers.

The FTAdviser Podcast is a weekly podcast for financial advisers brought to you by FTAdviser.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

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