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.
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.
The Pensions Regulator (TPR) wants an open debate about what a good 21st century trustee should look like and do in an increasingly complex world, according to chief executive Lesley Titcomb.
Andrew Warwick-Thompson sets out what TPR expects from DC trustees
Whatever the outcome of the tax relief green paper the government should use legislation to enforce a set period of stability for UK pensions, Neil MacGillivray has said.
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%.
Peter Askins says a simple system of tax credits is the answer
Labour's shadow secretary of state for work and pensions Owen Smith has warned the April pension freedoms will result in more mis-selling scandals.
The government should cap the rate of tax relief high earners can claim on pension contributions rather than introduce a flat rate across all income bands, says Hymans Robertson.