Regulation

People could lose their entitlement to means-tested benefits if they spend their pension pots after taking advantage of pensions freedom, the government has warned.

MPs have criticised the regulator's handling of last year's media blunder around an upcoming closed book review, saying it had been a "major self-inflicted distraction" and "created a false market in life insurance shares".

The Financial Conduct Authority (FCA) has made it a requirement for firms to rank their annuity products against their peers and simplify the information they give to consumers in the form of wake-up packs.

The Financial Ombudsman Service (FOS) has listened to industry complaints about the burden of regulatory cost and cut its budget by 11% for the coming year.

The Financial Conduct Authority (FCA) is to review the suitability of retirement advice following the pension ‘freedoms' set to be introduced next month.

The regulator has encouraged people to seek independent financial advice if approached about investing their pension, as it warned of a rise in investment scamming ahead of the pensions freedom coming into force in April.

Two ex-directors of failed adviser TailorMade Independent (TMI) - the main distributor of £400m troubled unregulated property scheme Harlequin - have been banned and fined by the regulator for not assessing the suitability of clients' investments made...

Why we must take the politics out of pensions

How to deal with insistent clients

The Financial Service Compensation Scheme has slapped a £20m interim levy on life and pensions intermediaries as it deals with "bad" self-invested personal pension (SIPP) advice.