FCA

The Financial Conduct Authority (FCA) has confirmed reducing transfer times remains a key priority as it continues to back the Star Initiative and encourage all firms in the pensions sector to take part.

Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.

The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) are asking the industry for feedback on how to improve customer decisions about pensions at key life points.

Doing nothing is easy. When it comes to making decisions, many of us are primed to follow the path of least resistance. We stick with defaults and we don't bother with "the hassle".

The Mercer Master Trust, Standard Life, and Intelliflo have achieved overall ‘gold’ standard awards in Benefits Guru’s inaugural open finance ratings for workplace pension providers.

The Pensions Dashboard Programme (PDP) has published an updated timeline outlining steps and timings for data providers to enable the industry to prepare for connecting with the dashboard ecosystem.

Legislation approved to boost internet safety has not answered numerous calls for the inclusion of economic harm and scams from the finance industry.

This week’s top stories included the FRC issuing a £65,000 penalty and severe reprimand against Richard Jones over previous advice to Guinness Peat Group, and news of Emma Douglas’ departure from LGIM.

The Financial Conduct Authority (FCA) is seeking views on creating a long-term asset fund (LTAF) to give more confidence in investing in illiquid assets.

Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.