The Financial Conduct Authority (FCA) has not acted quickly enough to update its position on the defined benefit (DB) transfer process, an actuarial trade body has said.
The Association of Consulting Actuaries (ACA) said its members had been swamped by FCA-regulated financial advisers' requests for transfer data but there had been no decisive action from the regulator...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions