The regulator is failing to understand the new state of the retirement market and instead seeks to "develop a market that no longer exists", the Later Life Academy (LLA) has warned.
In its response to the Financial Conduct Authority's (FCA) Retirement Outcomes Review, the organisation said it was worried the regulator's focus on just pension income would stifle opportunities for consumers....
EIS and Seed EIS sectors
'Truly making a difference'
Avoidance, evasion and non-compliance
From 6 April 2019