FCA

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).

The Financial Conduct Authority (FCA) will find poor practice and mis-selling when it delves into the non-advised annuity sales market, according to PP readers.

Top stories online this week include a telling decision from the Ombudsman on transfers, negotiations over Tesco's scheme closure and details of a contentious £37bn funding settlement.

The Financial Conduct Authority (FCA) is investigating thousands of annuities sold on a non-advised basis since 2008 to see if they were unsuitable for savers.

Royal London has urged the Financial Conduct Authority (FCA) to increase awareness of the tax implications of cashing out a pension pot at retirement.

The government should focus on ensuring the pension reforms are successful before rolling out a single regulator and independent commission, according to the pensions minister.