Regulation

The Money Advice Service (MAS)'s retirement advice directory, put in place to support the incoming pension freedoms, has opened for adviser registration.

The Association of British Insurers (ABI) has appointed Yvonne Braun to head up the trade body's long term savings policy, which will include how the industry deals with the incoming pension reforms.

The Financial Services Compensation Scheme (FSCS) has declared one former network and nine other advice firms in default.

Pension scheme members are three times more likely to be approached about accessing their pots since the Budget freedoms were announced, according to research.

Complaints about pensions dealt with by the Financial Ombudsman Service (FOS) have fallen markedly year on year, figures show, with the impending changes to legislation cited as a possible explanation for the drop.

Pension providers must ask clients a set of key questions before they access their pension pot and should also highlight the benefits of regulated advice, the Financial Conduct Authority (FCA) has said.

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.