Trade bodies team up to consult on investment transfers

Group led by Ed Dymott

Tom Ellis
clock • 2 min read

Eight leading investment and pension bodies have teamed up to propose improvements to pension and investment transfers.

Following a review process, the bodies have published a consultation paper and are seeking input from all stakeholders by 31 January 2017. The work has been undertaken by the industry in consultation with the Financial Conduct Authority, the Department of Work and Pensions and the Pensions Regulator. The proposals focus on both transfers and re-registrations of retail financial products covering a broad range of tax wrappers as well as the asset types held within them. "Enabling consumers to shop around and move between providers is fundamental to any competitive market," said chair o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

No naming without shaming? The FCA's transparency plans

No naming without shaming? The FCA's transparency plans

The impact of the FCA’s plans to name firms under investigation

Chris Croft
clock 27 March 2024 • 4 min read
FSCS declares three financial advisory firms in default

FSCS declares three financial advisory firms in default

Latest batch of failed firms revealed by lifeboat fund

Jenna Brown
clock 25 March 2024 • 1 min read
FCA commits to fast authorisations to boost finance sector

FCA commits to fast authorisations to boost finance sector

The regulator’s latest business plan highlights this focus

Sahar Nazir
clock 19 March 2024 • 1 min read