Regulation

The Financial Conduct Authority (FCA) has published the final rules on the independent governance committees (IGCs) that must be set up by providers of contract-based pension schemes.

Money Advice Service (MAS) partnerships with financial services organisations are "coming to fruition" as "more people than ever" have turned to the service for help with their finances, chief executive Caroline Rookes has said.

Portrait of a con artist: Pension liberation scams exposed

RP Poll: Will the ‘second line of defence’ save retirees from bad outcomes?

One careful owner: Can Webb's annuity sale plan work?

SIPP investors ‘punished still further’ on cash interest rates

More than 160 employers were issued fixed penalties of £400 last year after The Pensions Regulator (TPR) ramped up the use of its powers for auto-enrolment failures.

Providers fear the regulator's new rules on how they must deal with retirees will leave customers wrongly assuming they have received advice, if details of what is expected of them are not published soon, according to an industry figure.

The regulator's ‘second line of defence' for retirees will be extended to cover trust-based pension scheme members as well those in contract-based arrangements, peers have heard.

Providers must consider having a default option for retirees entering decumulation, according to speakers at a National Association of Pension Funds (NAPF) seminar.