The Financial Conduct Authority (FCA) is considering whether it should 'decouple' the ability to take tax-free cash from a pension from the decision about what to do with the remainder of a pension pot.
The suggestion was made in its Retirement Outcomes Review interim report, out on 12 July, in which the regulator expressed concerns mass market non-advised consumers were vulnerable in the drawdown market....
Paul Bruns and Elaine Parkes
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