The High Court has ruled in favour of the FCA in a civil action against unregulated introducers Avacade and Alexandra Associations after pension savers were persuaded to invest millions of pounds into risky, unregulated schemes.
The Financial Conduct Authority (FCA) will send a second marketwide in-depth questionnaire on defined benefit (DB) transfers to firms later this week, RP's sister title Professional Adviser reports.
The Financial Conduct Authority (FCA) will bring forward proposals designed to promote value for money for workplace pension schemes members, a consultation paper says.
The Money and Pensions Service (Maps) has started a six-week period of informal market engagement with potential suppliers of the digital architecture for the pensions dashboards.
The Pensions Regulator (TPR) used its auto-enrolment (AE) enforcement powers more than 35,000 times in the first quarter of this year, with over 11,000 compliance notices dished out.
The Pension Scams Industry Group (PSIG) has called on the Financial Conduct Authority (FCA) to consider further interventions to protect pension scheme members from scams.
Rachel Vahey takes a look at the FCA's ban on DB transfer contingent charging in her latest feature for Retirement Planner and argues it may do more harm than good.
A small amendment to the pension schemes bill on 8 June has been labelled ‘significant’ in meeting criticism of the pensions dashboard and could confirm a ‘water-tight’ commitment to run a single dashboard.
Nearly two-thirds of advisers do not believe defined benefit (DB) transfer advice will remain profitable, a Prudential survey of more than 1,000 intermediaries has found.
Some advisers have described the Financial Conduct Authority’s (FCA) ban on contingent charging for defined benefit (DB) transfers as a ‘draconian’ measure that could lead to less advice being given to those who need it.