Financial Conduct Authority

The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) have clarified their responsibilities in overseeing the pensions market following this week's reform announcements.

This week, respondents were keen on financial education as an antidote to a poorly-functioning annuities market.

Barnett Waddingham’s Malcolm McLean says we action on retirement products

Pensions minister Steve Webb has led a House of Commons defeat of a "deeply flawed" opposition amendment on charges in the Pensions Bill.

The AMNT’s Janice Turner says members should have better advice at retirement

Ensuring all pension savers speak to their independent financial adviser (IFA) or a provider about retirement options is among promises the Association of British Insurers (ABI) will present to the Financial Conduct Authority (FCA) on behalf of the pensions...

Trustees making scheme registration enquiries to HM Revenue and Customs (HMRC) before making transfers have faced up to a five-month wait, PP can reveal.

This week, Buzz respondents rejected Steve Webb's idea to give annuitants a one-year cooling off period.

Despite rejecting Steve Webb's idea of a cooling off period, Buzz contributors were far from happy with the state of the annuity market.

Four out of five respondents said investment consultants should be fully regulated, while just over one in 10 said there was no call for this.