FCA launches paper on dashboard provider rules

The consultation paper outlines a regulatory framework for qualifying pensions dashboards service (PDS) firms, including proposals to allow PDS firms to develop a range of business models that add services beyond the core ‘find and view' function of pensions dashboards. The regulator also proposes to include rules to require PDS firms to act honestly, fairly and professionally in accordance with the best interests of their customers. It said it considers this a key statement of firms' overarching obligation to treat customers fairly and resolve conflicts appropriately. It also set out...