FCA

High-level update to the 2018 pensions joint regulatory strategy

FCA’s Sarah Pritchard says savers need more support in making decisions

The paper outlines a regulatory framework for qualifying dashboard service providers

The consultation closes to responses on 16 February 2023

Research found just one in three pensions accessed were done so after receiving advice

Over 300 IFA firms will be affected with compensation owed to over 1,000 members

Change in policy will ensure that regulators retain their independence from government

TPR, FCA and Maps say members are at ‘increased risk’ amid economic uncertainty

‘Small number’ of firms are not including all fees and charges

Watchdog says ‘more active regulation’ would increase focus on resilience and stress testing