The Financial Conduct Authority (FCA) has launched a consultation on the intergenerational implications for pensions in both accumulation and decumulation for savers.
In the document - unveiled today (2 May) - the watchdog said it is seeking views on a broad range of financial circumstances and needs, which includes pensions, across three generations: baby boomers,...
Consumer complaints against firms for misadvised DB transfers also rising
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Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers