The Financial Conduct Authority (FCA) has warned advisers not to execute defined benefit (DB) pension transfers without considering where the relocated assets will be invested.
The regulator said it was concerned consumers receiving DB transfer advice were at risk of transferring into unsuitable investments or being scammed. It reiterated its expectations around such transfers...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers