FCA investigates drawdown charges; delays retirement review

Carmen Reichman
clock

The Financial Conduct Authority (FCA) has written to pension and retirement income providers to request details about consumer access to - and charges on - decumulation products.

The data request comes as the watchdog announced it was delaying the launch of its retirement outcomes review until the second quarter of 2016. It previously intended to publish at the beginning...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

The importance of pension comms being 'private and confidential'

The importance of pension comms being 'private and confidential'

Richard Bacon and Jeremy Goodwin look at the learnings from Farley v Paymaster

Richard Bacon and Jeremy Goodwin
clock 08 May 2024 • 4 min read
Robin Ellison: Regulators and revolution

Robin Ellison: Regulators and revolution

PP’s regular columnist looks at a series of pushbacks against excessive regulation

Robin Ellison
clock 07 May 2024 • 12 min read
Legal Review: The benefits and tax implications of scheme surplus rules

Legal Review: The benefits and tax implications of scheme surplus rules

Jonathan Hazlett looks at how trustees and employers can approach surpluses

Jonathan Hazlett
clock 30 April 2024 • 4 min read
Trustpilot