The Financial Conduct Authority (FCA) should “‘return to the drawing board”’ and redesign the current pension dashboard rules, AJ Bell has urged.
This comes as the regulator's further consultation on the regulatory framework for pensions dashboard service firms closed yesterday (8 May). Firms that want to offer commercial dashboards are being asked by the FCA about the choices presented to dashboard users and the exit communications when they leave the dashboard ecosystem. In March, the Department for Work and Pensions published guidance on connection dates for all pension schemes, with self-invested personal pensions run by large FCA-regulated firms required to connect by 30 April 2025 – the same time as the largest master tru...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
