The Financial Conduct Authority (FCA) has warned providers not to "undermine or circumvent" Pension wise in an effort to retain customers.
Any shortfalls on standards would result in recommendations to the offending provider and could see them referred to the Treasury, the FCA said. Publishing its 2015-16 business plan, the city watchdog...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.
The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.