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Stephen Lowe: "If the feeble ‘stronger nudge' is the best a constrained FCA is allowed to come up with then it's time the government started to loosen the shackles."
Stephen Lowe looks at the latest attempt to boost Pension Wise guidance take-up and is not impressed with the FCA's 'stronger nudge' policy, which he says is doomed to fail...
Three years on from the Financial Guidance & Claims Act we finally have sight of how the Financial Conduct Authority (FCA) plans to meet its obligation to increase the numbers taking up their entitlement...
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