Non-advised annuity sales could be subject to a commission cap or an outright ban under plans being considered by the Financial Conduct Authority (FCA).
The Financial Conduct Authority (FCA) wants to completely exclude pension wealth from high net worth investor (HNWI) calculations in order to prevent retirees losing their nest egg in high risk sophisticated investments.
Prudential has topped the Financial Conduct Authority's (FCA) list of the most complained about pension firms, as the number of grievances raised about retirement products jumps 20%.
Whatever the outcome of the tax relief green paper the government should use legislation to enforce a set period of stability for UK pensions, Neil MacGillivray has said.
Aegon faces a complaints showdown with a widow who believed the pension provider gave her late husband unauthorised advice that lost her access to his retirement pot.
Setting an investment checklist the FCA will love
The chief executive of the Financial Services Compensation Scheme (FSCS) has renewed his call to policy makers to extend financial protection to the total value of peoples' retirement savings.
A change in the way the government collects tax on pension savings will not make people save more way for their retirement, according to the latest consumer research.
Self-invested personal pensions (SIPP) should not buckle under regulatory pressure to become plain vanilla share class wrappers as clients need diversification in their portfolios, Mattioli Woods has said.
Providers need to simplify drawdown charges or the regulator will intervene, founder of The Platforum and Boring Money Holly Mackay has said.