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Regulation

Regulation

Pension Wise guidance reaches 18,000 people

The number of face-to-face and over-the-phone guidance sessions provided by the government-backed service Pension Wise has reached almost 18,000 since its launch in April.

clock 23 July 2015 •

Regulation

What can be done about the advice gap?

How many consumers know - or would believe anyway - that the financial benefits of regulated advice can more than offset its cost? Robert Cochran examines some of the key issues surrounding the 'advice gap'...

clock 23 July 2015 •

Regulation

'Disappointed' Wheatley leaving 'unfinished business' at FCA

Outgoing Financial Conduct Authority (FCA) chief executive Martin Wheatley has said he is "disappointed" to be leaving the regulator and will leave behind a "sense of unfinished business".

clock 22 July 2015 •

Adviser tips

PII cover: Ten ways to stay ahead of insistent clients

Ten ways to stay ahead of insistent clients

clock 22 July 2015 •

Regulation

FOS annuity complaints continue to rise

Complaints about annuities are continuing to rise more than a year after the Chancellor announced a reform of the retirement income market, according to the latest figures from the Financial Ombudsman Service (FOS).

clock 21 July 2015 •

Income

Which? calls for FCA crackdown on 'confusing' drawdown charges

Consumer group Which? wants the Financial Conduct Authority (FCA) to take action to simplify drawdown charges to make pensions freedom and choice retirement income options easier to understand.

clock 21 July 2015 •

Regulation

Wheatley's exit: Questions raised over FCA-Treasury relationship

Advisers and other financial services stakeholders have questioned the relationship between the Treasury and the Financial Conduct Authority (FCA) following chief executive Martin Wheatley's somewhat surprising exit from the watchdog.

clock 20 July 2015 •

Pensions

MPs launch pensions freedom advice and guidance inquiry

Members of the work and pensions select committee are to launch an inquiry into advice and guidance available to retirees following pensions freedom to ensure people are not "ripped off" when accessing their pots.

clock 16 July 2015 • 2 min read

Regulation

FSCS pushes regulators to increase £50k SIPP protection limit

The Financial Services Compensation Scheme (FSCS) wants to increase protection limits for self-invested personal pension (SIPP) investors following the freedom and choice reforms.

clock 16 July 2015 •

Regulation

FSCS payouts for SIPP-related claims against IFAs jump 50%

The average compensation payout for a SIPP-related claim against failed IFAs rose almost 50% in 2014-15 against the previous 12 months, prompting a £20m interim levy on life and pensions advisers.

clock 16 July 2015 •
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