The Financial Conduct Authority (FCA) has confirmed its final rules on pension transfer advice following the freedom and choice reforms.
Pensions freedom technical issues begin to surface
Pension providers must give consumers looking to access their pension pots after 6 April "personalised risk warnings" before selling them retirement income products, the Financial Conduct Authority (FCA) has said.
Scheme pensions 'left islolated' under freedom and choice
Draft legislation which clarifies the position on joint life annuities and guarantee payments, as well as tax treatment on deaths prior to age 75 has been released by HM Revenue & Customs (HMRC).
People who opted to take greater retirement income through the money purchase scheme pension option have been left unable to take advantage of pensions freedom, a provider has said.
Myth busting: Unpicking death benefit changes
SIPP investors ‘punished still further’ on cash interest rates
Pension providers must ask clients a set of key questions before they access their pension pot and should also highlight the benefits of regulated advice, the Financial Conduct Authority (FCA) has said.
SIPP providers are struggling to find buyers due to large proportions of non-standard assets in their portfolio. Helen Morrissey asks what can be done about this issue.