The Financial Conduct Authority (FCA) has warned investment platforms it could name and shame them if the sector does not make it quicker and easier for advisers and consumers to switch platforms.
The regulator said it expected the industry to implement changes by the time it publishes its final platform market study report in the first quarter of 2019 and threatened to take action if it did not...
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
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