The Financial Conduct Authority (FCA) has said it is ready to interfere on the use of language confusing to consumers if the industry does not come up with a credible solution.
The regulator made the comments in its response to a report from the work and pensions committee which investigated the liberalisation of the pension market that took place in April 2015. The FCA said...
17 providers already involved
Current consultation ends on 13 February
Life and general insurance arms combined
Why most regulation is 'common sense' and expansion plans
What would that mean for advisers?