WPC reforms

Plans outlined around tax, investment pathways, charge caps, PAA and MOTs

Annual reporting in relation to pensions advice branded ‘not necessary’

Government says the regulators have been working together where possible

Transactions will not be enabled until there is a clear level of trust

The government and the FCA respond to the WPC’s 24 proposals for the industry

The government and the FCA respond to WPC’s 24 proposals for the industry