FCA writes to all pension providers over 'freedoms' access

clock

The Financial Conduct Authority (FCA) is writing to all pension providers requesting data on how customers are accessing their retirement pots in the wake of the pension ‘freedoms' rolled out in April.

The request for data includes a questionnaire seeking from providers information on exit charges; transfer procedures; treatment of insistent clients; financial advice requirements; and the options...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Box Clever members transfer to ITV Pension Scheme as long-running case concludes

Box Clever members transfer to ITV Pension Scheme as long-running case concludes

TPR has now ceased its regulatory action against ITV and associated entities

Jonathan Stapleton
clock 06 November 2025 • 2 min read
Master trust authorisation six years on: What has changed and what's to come?

Master trust authorisation six years on: What has changed and what's to come?

Industry says regime has set a strong foundation but there is ‘room to evolve’

Holly Roach
clock 06 November 2025 • 8 min read
The red face test – how would you fare?

The red face test – how would you fare?

Naomi Brown asks how trustees can prepare for when a decision they make is challenged

Naomi Brown
clock 31 October 2025 • 4 min read
Trustpilot