Industry warns of 'dire' pensions landscape as FCA publishes market data

Industry warns of ‘bleak future’ as FCA unveils 2022/23 retirement income market data

Holly Roach
clock • 6 min read
Industry warns of 'dire' pensions landscape as FCA publishes market data

The Financial Conduct Authority (FCA) has published its retirement income market data for 2022/23, raising vast concern among experts about the state of the sector.

The watchdog's analysis looked at the volume of pension pots accessed, defined benefit (DB) and defined contribution (DC) transfer levels, the use of Pension Wise guidance, as well as the amount of...

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 Industry

News Digest: Capita tells pension portal users to hold off on complaints

News Digest: Capita tells pension portal users to hold off on complaints

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 06 January 2026 • 1 min read
Buzz: Do you plan to increase your investments in private markets this year?

Buzz: Do you plan to increase your investments in private markets this year?

Private markets investment, member interest in pensions and 2026 PRT buy-in volumes

Professional Pensions
clock 05 January 2026 • 1 min read
Towergate Employee Benefits rebrands as Everywhen

Towergate Employee Benefits rebrands as Everywhen

New name is being rolled out across all assets, ‘bringing everything under one umbrella’

Holly Roach
clock 05 January 2026 • 1 min read
Trustpilot