Employers to promote pensions without FSA authorisation

In its updated “Promoting Pensions to Employees” guide, the FSA says most employers who offer group personal pensions or stakeholder pensions schemes to their employees will be exempt from the restrictions on communicating financial promotions in the Financial Service and Markets Act (FSMA) if they meet the following conditions: The employer contributes to the scheme and the first promotion to the employee confirms this; The employer must not receive a direct financial benefit from promoting the scheme; The promotions are given by the employer or someone employed directly by him; and ...