The Financial Conduct Authority (FCA) has said it is concerned providers' projections of what pension savers can expect to receive in retirement if they buy certain products are too high, and it wants to standardise the process.
Providers will not have to apply the ‘second line of defence' risk warning procedure to pension pots worth £10,000 or under, the Financial Conduct Authority (FCA) has said.
Non-advised annuity sales could be subject to a commission cap or an outright ban under plans being considered by the Financial Conduct Authority (FCA).
The Financial Conduct Authority (FCA) wants to completely exclude pension wealth from high net worth investor (HNWI) calculations in order to prevent retirees losing their nest egg in high risk sophisticated investments.
The Financial Conduct Authority (FCA) has revamped its at-retirement rules as a result of pensions freedom and choice reforms which opened up the retirement income market.
Advisers must work together to tackle toxic firms
The Financial Conduct Authority (FCA) has fined independent advice firm John Joseph Financial Services (JJFS) £20,000 for failings relating to the sale of Keydata products.
Prudential has topped the Financial Conduct Authority's (FCA) list of the most complained about pension firms, as the number of grievances raised about retirement products jumps 20%.
The Financial Conduct Authority (FCA) is likely to delay its consultation on incoming MiFID II conduct rules for advisers, as it wants to determine the impact of its own advice review first, its markets policy manager has said.