A large majority of the pensions industry believes the Financial Conduct Authority (FCA) is right to investigate asset managers and investment consultants.
Some 85% of the 162 respondents to this week's Pensions Buzz backed the watchdog's probe. Respondents said there were too many conflicts and too little transparency in the whole sector. Elsewhere...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point