FCA

The Financial Conduct Authority (FCA) is proposing changes to its rules that would require all pension transfer advice to be verified by a qualified specialist.

The Pension Schemes Bill has received Royal Assent to become official legislation ahead of freedom and choice taking effect from 6 April.

The Financial Conduct Authority (FCA) and the Department for Work and Pensions (DWP) have launched a call for evidence on disclosure of transaction costs.

Conflicts of interest make it challenging for trustees to assess consultants

The Financial Conduct Authority (FCA) has published final rules on additional protection for consumers wishing to access their pensions from April.

Trustees struggle to assess asset managers and investment consultants, according a Financial Conduct Authority (FCA) review that also identified conflicts of interest and a lack of competition in the markets.

Retirees will have little comeback if they receive poor guidance outside of the Treasury's Pension wise service, lawyers have warned.

Independent Governance Committees (IGCs) will have only limited powers to improve value for money in contract-based schemes due to legal constraints, it has been warned.

The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.

Managing liabilities and reducing risk are among the more pressing issues facing defined benefit pension schemes. Jack Jones looks at steps employers can take to tackle these.