The National Association of Pension Funds (NAPF) has urged the UK watchdog to resolve confusion in its proposed rules on transfers from defined benefit to defined contribution schemes.
Responding to the Financial Conduct Authority's (FCA) consultation on advise on transfers, the association raised concerns about the inconsistent treatment of benefits with guaranteed annuity rates...
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