FCA plans default investment option for personal pension savers

Diversified basket of investments

Jenna Brown
clock • 5 min read
FCA plans default pension investment option for non-workplace savers
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FCA plans default pension investment option for non-workplace savers

The regulator wants to introduce a default pension investment option for non-advised savers outside of workplace schemes to boost retirement savings.

The Financial Conduct Authority (FCA) said a default investment strategy for personal pension customers would help cut through complexity faced by customers who do not take advice. A consultation paper...

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