Three things we learned this week

FSA may extend competence requirements for pensions It will not be news to you that individuals providing non-mainstream advice may require additional qualifications - beyond those needed for RDR - when sold to retail customers. Among the types of non-mainstream activities suggested by respondents was transactions that cannot be reversed. But what are they? As an example, the FSA gave final salary to defined contribution pension transfers, but isn't an awful lot of pensions work 'irreversible'? The FSA said it could see "some need" for considering qualifications for transacton...