CA accuses FSA of aggravating "pension crisis"

Professional Adviser
clock

Pension reform proposals put forward by the FSA do not address the growing pensions crisis and will ...

Pension reform proposals put forward by the FSA do not address the growing pensions crisis and will only make matters worse, the Consumers' Association says. The City regulator today has been criticised both for being "naive and self-defeating" in its attitude, and for pursuing policies that will not help to persuade consumers to save. The CA outlines its criticisms in a new report: "Plugging the pensions gap: is industry up to the job?". Through the report, the CA indicates that it believes reforming the UK pensions system is one of the major public policy challenges ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •