The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
The regulator today published the interim findings of its Retirement Outcomes Review which was launched in July 2016. It is the first major study into how the retirement income market is changing since the pension freedoms.
Read our live blog below for all the reaction...
The FCA’s findings in its Retirement Outcomes Review are ‘disturbing’ and show ‘bonkers’ behaviour from savers, industry commentators said this morning.
The FCA has watered down its original proposals to require all advisers to record client calls.
The FCA has told the advice sector its bill to help pay for the regulator will rise by 4.7%.
The FCA has revealed Standard Life’s Financial Planning arm is among firms that is has been helping to develop robo advice.
The Financial Conduct Authority is to ask fund managers to disclose a single, “all-in” fee to investors to help tackle weak price competition in the asset management sector as part of a radical overhaul.
The asset management sector at “worse looks like a cartel” and should not fear revealing “the real price of the services”, industry professionals say.
The FCA announced a radical overhaul of the asset management sector this morning.
The FCA has been told it should regulate the fund ratings industry as some agencies admitted there were ‘conflicts’ in their business models.
The FCA says it will ‘shortly’ be launching a market study into platforms.
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