FCA confirms its commitment to reducing transfer times and backs Star Initiative reporting system

Holly Roach
clock • 3 min read

The Financial Conduct Authority (FCA) has confirmed reducing transfer times remains a key priority as it continues to back the Star Initiative and encourage all firms in the pensions sector to take part.

The FCA has confirmed it is looking to the industry-wide initiative - which launched in 2019 - to be part of an industry solution to deliver efficient and timely pension transfers. The initiativ...

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

Join now

 

Already a Professional Pensions member?

Login

More on Industry

DWP dashboard statement raises concerns over 'capacity crunch' in 2026

DWP dashboard statement raises concerns over 'capacity crunch' in 2026

A round up of the industry’s comments on the DWP’s revised dashboards deadline

Martin Richmond
clock 08 June 2023 • 6 min read
News Digest: BT Pension Scheme seeks to invest in private credit sector

News Digest: BT Pension Scheme seeks to invest in private credit sector

In this live blog, Professional Pensions brings together all the latest news about pensions from across the financial media.

Professional Pensions
clock 08 June 2023 • 1 min read
Annuity rates hit six month high

Annuity rates hit six month high

Savers have seen highest rates since December after BoE raised interest rate to 4.5% in May

Jasmine Urquhart
clock 07 June 2023 • 4 min read
Trustpilot