FCA

The National Association of Pension Funds (NAPF) has urged the UK watchdog to resolve confusion in its proposed rules on transfers from defined benefit to defined contribution schemes.

The insurance industry was bombarded by almost 230,000 calls from consumers in the days after the ‘freedom and choice' reforms took effect, the latest figures show.

The Bank of New York (BNY) Mellon has been fined £126m by the Financial Conduct Authority for serious failures to safeguard clients' assets.

BlackRock has revealed who will sit on the Independent Governance Committee (IGC) that oversees its contract-based workplace pension schemes in the UK.

Pension providers will be required to tell consumers how their annuity prices compare with other providers under rules finalised by the Financial Conduct Authority (FCA).

The Treasury has confirmed bookings for Pension wise can be made seven days a week after updating its contact number on the service's website.

The Financial Conduct Authority (FCA) has warned providers not to "undermine or circumvent" Pension wise in an effort to retain customers.

The Financial Conduct Authority (FCA) has launched a campaign to raise awareness of the increased risk of pension scams after freedom and choice takes effect.

Robin Ellison says regulators are good at grandstanding but bad at protecting savers

The FCA banned the sale of traded life policy investments to mass market retail investors - claiming they are ‘toxic' products that pose significant risks to investors. A market in second hand annuities will pose similar risks.