The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) have updated their joint regulatory strategy for pensions and retirement income in light of current the cost of living crisis and macroeconomic challenges.
The regulators today (7 December) issued an update to their joint working practices, which were first put into operation in 2018, and outlined plans for the future. TPR chair Sarah Smart said: "I want to make a promise to savers. Whatever pension scheme you are saving into, FCA and TPR will do our very best to protect you from harm and ensure your scheme seeks to deliver real value for your investments. "The only way we can make good on this promise is continued and deepened collaborative working with our closest partner, the FCA. That's why today, together with the FCA, I'm pleased t...
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