The government's guidance guarantee providers will not be properly staffed by April and will lack the right level of expertise to deliver the service, a pensions expert has warned.
More than half of a 'representative sample' of workers questioned in a recent survey said they were unaware the government's pension reforms had happened.
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The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.
The Financial Conduct Authority (FCA) has set out its final definitions of regulated advice and personal recommendations in retail investment, in a move it hopes will help firms develop 'low cost' distribution models with confidence.
Providers have shown interest in plans to allow people to unwind their annuities, according to pensions minister Steve Webb.
Pensions minister Steve Webb has floated plans to allow providers to bulk transfer members from legacy schemes to more cost efficient models.