FCA

The Financial Conduct Authority (FCA) has revamped its at-retirement rules as a result of pensions freedom and choice reforms which opened up the retirement income market.

Prudential has topped the Financial Conduct Authority's (FCA) list of the most complained about pension firms, as the number of grievances raised about retirement products jumps 20%.

Dissatisfaction with annuities which came to be seen as poor value could be repeated for the pension reforms if members are not given flexibility says Janette Weir.

Six in ten people criticised the observation from the Financial Conduct Authority (FCA) that people with more money in their pots would fall victim to pension liberation more often.

A service to help people keep track of their pension pots will be developed over the next couple of years by ecommerce firm Origo.

PP looks at research from TPR and the FCA on accessing pension freedoms

A mandatory requirement on providers to use Origo's Options Transfers service is among the suggestions for improving the efficiency of pension transfers.

Some 147,000 over-55s would face charges of more than 5% if they transferred their pot to take advantage of retirement flexibilities introduced in April, according to the Financial Conduct Authority (FCA).

The Department for Work and Pensions (DWP) will take responsibility for Pension wise within the financial year, the work and pensions select committee has been told.

There has been not been a surge in pension scams since the pension freedoms were introduced according to the Financial Conduct Authority (FCA).