FCA

EU rules downgrading local authority funds to retail investors is throwing up complications for pooling and infrastructure investment. The FCA must ensure pools are part of the solution, writes Stephanie Baxter

Members of the Work and Pensions Committee (WPC) have been urged to set up a broad inquiry into hidden costs and charges faced by pension schemes.

This week's top stories include the regulator issuing its first fines to master trusts over chair statements, and the CovPress scheme's rescue from the PPF in first-of-its-kind action.

The Financial Conduct Authority (FCA) has been urged to consider a broader section of pension costs than simply transaction costs.

Pensions minister Richard Harrington has said the government will work with the Financial Conduct Authority (FCA) to improve transparency of pension costs.

As the FCA closes its consultation on improving transparency of costs and charges in pension schemes, James Phillips asks the industry whether the watchdog has the right solution.

In the fourth and final part of our pensions timeline PP Online looks at what happened in pensions between October and December.

LV= has removed all pension exit charges from its products, allowing customers to switch to other providers without incurring a fee.

Pension providers have made "significant progress" in reducing costs and charges following earlier recommendations by the Independent Project Board (IPB) that they do so, the regulator has found.

Trade bodies have launched a consultation to explore how all types of pension transfers can be sped up to improve access for members.