FCA figures show the number of savers cashing their pensions in full since 2018-19 has increased by 29%
Lauren Wilkinson looks at how the FCA’s new regime could help bridge the engagement gap:
Will also be integrated into its guided income solution
Conference delegates heard arguments that the current situation ‘is not functional’
First Actuarial points to a ‘great deal’ of redress variance in March
Helen Forrest Hall says the future lies in regulating people rather than process
Nikhil Rathi says dashboards could be catalyst for greater engagement with pensions
Coalition of platform providers calls for fundamental reform of the system
Body says implementation ‘must be practical’ and that sharper definitions are needed
Industry experts told conference delegates the VfM framework is ‘one of many pieces of the puzzle’