The Financial Conduct Authority (FCA) has published a report outlining its key regulatory priorities for the pensions industry over the next 12 months.
The regulator's report – published Tuesday (10 March) – said the £3trn pensions industry is undergoing "significant transformation" driven by government reforms as well as being an "important" provider of capital for the UK economy to support growth. The FCA noted, while the market is overseen by multiple regulators, it would work to ensure consumer needs are "central" and for consumers to experience consistent outcomes across the pensions landscape, irrespective of whether the pensions industry is regulated by the FCA or The Pensions Regulator. The FCA added it would continue to work cl...
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