UK - Restrictions outlined in the FSA's draft paper on depolarisation will continue to limit consumer choice, Berkeley Berry & Birch claims.
The IFA says the paper will also place a continuing burden on the industry.
Group chief executive Clifford Lockyer – responding to the consultation paper on draft rules on depolarisation – said that while the paper was a significant step forward more needed to be done.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.