The Financial Services Consumer Panel (FSCP) has urged schemes to develop in-house income drawdown propositions rather than forcing members into the retail market.
Retirement Planner's round-up of the top pension stories this week.
The survival of commission and lax regulation are fuelling a "significant shift" to non-advice in the mass market for annuities, at the expense of professional advice, transparency and healthy consumer outcomes, according to the Financial Services Consumer...
The consumer group which monitors financial services for the Financial Conduct Authority (FCA) has called for a review of the growing direct to consumer annuity market.
The Financial Services Consumer Panel (FSCP) has launched a four pillars of consumer protection framework aimed at enabling more effective assessment of EU legislation, standards and supervision.
High and opaque charges are harming savers with defined contribution (DC) pension schemes, according to the Financial Services Consumer Panel (FSCP).
The banks and building societies found by the Financial Services Authority (FSA) to be putting their customers at risk of receiving unsuitable investment advice should be identified, according to the Financial Services Consumer Panel (FSCP).
The Financial Services Consumer Panel (FSCP), which is set up to represent consumers in the financial sector, is advertising for a new chairperson with an annual salary of £60,000.
The new compulsory three-page Key Investor Information Document (KIID) will not be enough to bridge the information gap between all-knowing product manufacturers and the end customer, according to the Financial Services Consumer Panel (FSCP).
The Financial Services Consumer Panel (FSCP) has hit out at the Financial Services Authority (FSA) for a "record of procrastination", and has called on it to take immediate action against firms whose incentive schemes are to the "detriment of consumers"....