The Financial Conduct Authority (FCA) expects the guidance guarantee to "help people understand the questions they should be asking", not offer choices for them, director of policy David Geale has told MPs.
At a grilling by the House of Commons ad hoc pension schemes bill committee, Geale said he did not want the process to point to any specific products. Geale was asked whether he expects the government's...
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