FCA

The Law Commission has called on the government to clarify investment rules which can make it hard for schemes to make socially responsible investments.

Proposals to modernise processes around transfers have received support but miss some key points, writes Michael Klimes

This week's top stories were a ransomware attack on TPR, and the new pensions minister being urged to tackle outstanding policy issues.

Transfer value analysis should be replaced with a comparison showing the value of the benefits being given up, the Financial Conduct Authority (FCA) says.

Wake-up packs, savers' abilities to shop around, and looking at how to close loopholes for pension scammers will be key priorities for the Financial Conduct Authority (FCA) over the next few years, the watchdog has announced.

Follows focus group and consumer research

Some pension schemes could be paying investment managers 70% more in fees compared to six years according to Lane, Clark and Peacock (LCP).

Emergency tax codes for one-off withdrawals under Freedom and Choice are leaving savers significantly overpaying on their tax bills, when in many cases they should pay no tax at all.

Chris Connelly wants the pensions dashboard debate to move away from legislation towards contents and practicalities

The Investment Association (IA) has said it will work with regulators and other trade associations to develop a consistent disclosure code across all asset types.