FCA

Former Financial Conduct Authority (FCA) life insurance and financial advice director Linda Woodall has been appointed to Aegon's independent governance committee (IGC).

MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".

Henry Tapper says while most IGCs are making progress, there is still a long way to go until they fulfill the promises set by the OFT.

Decumulation and pensions were the least complained about products in the second half of 2017, according to the Financial Conduct Authority (FCA).

Granting statutory protection to pre-1997 benefits in defined benefit (DB) schemes would be an unfair cost to sponsors and would force even more closures, according to this weeks' Pensions Buzz respondents.

Caroline Escott says there should be alignment between the various policy and regulatory initiatives on value for money to avoid overburdening trustees.

In this week's Pensions Buzz, we want to know if pre-1997 pension benefits should receive statutory protection against inflation.

More members are transferring out of defined benefit (DB) pension schemes when informed of the option, which suggests trustees must think carefully about member communication, according to research.

Independent governance committees (IGCs) may see their remit expanded to include reporting on social investing issues under Financial Conduct Authority (FCA) plans unveiled in its business plan today.

The regulator is not striking the right balance in its 'clearer, quicker and tougher' approach on enforcement, according to this week's Pensions Buzz respondents.