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

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

Regulatory action whilst the horse is still in the stable

Regulatory action whilst the horse is still in the stable

Chris Edwards-Earl looks at a contribution notice for an ongoing sponsor being upheld in the UT

Chris Edwards-Earl
clock 22 September 2025 • 3 min read
LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

Firm warns changes to pensions tax could cause challenges for workers, employers and the public sector

Jasmine Urquhart
clock 08 September 2025 • 2 min read
Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Nest chief executive says tweaking the PSB could turn it into an ‘engine for investment’

Ian Cornelius
clock 04 September 2025 • 4 min read
Trustpilot