FCA writes to regulated providers for data on SSASs

In a note sent to providers it asked for data relating mainly to benefit withdrawals from SSASs post pension freedoms. However, the regulator is not asking for information on non-standard investments or investments in general held in SSAS, as is the case with SIPPs. Professional Adviser understands this is the first time the regulator has asked for this data. In a policy statement on retirement income data in July, the FCA stated regulated companies are required to give it data on products which fall outside of the watchdog's regulatory remit - such as SSAS - in order to "further s...