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“Together these changes should help to address the overarching harm identified in our joint pensions strategy with The Pensions Regulator – that people don't have adequate income, or the income they expected, in retirement" - the FCA's Christopher Woolard
The Financial Conduct Authority has unveiled a range of pension-related proposals with a view to improving the quality of pension transfer advice and helping consumers obtain "better value from their pension".
The package includes Consultation Paper 19/25, which proposes a ban on contingent charging for pension transfer advice, an update on the work the regulator has been doing on non-workplace pensions and...
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