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I’ve spent the last few weeks travelling the length of the country talking about the Retirement Outcomes Review (ROR) and what it means for advisers and their clients.

As everyone makes their way back to work following a glorious, if politically fuelled summer, it feels that the push has started towards the end of the year.

On 1 November we will see the first big changes come into force as a direct result of the Retirement Outcomes Review (ROR) – the FCA’s big piece of work on the post-pension freedoms world. Although the ROR focuses primarily on non-advised clients there are knock-on effects that will be felt by all clients, and their advisers too.

It was good to see the Guidance Consultation from the FCA on the fair treatment of vulnerable clients that has recently been published.

The retirement outcomes review continues to cause fun and games in the world of pensions. Particularly for those with more complex pension products.

An independent pension commission is something for which we at AJ Bell have long campaigned.

There has been unprecedented change in the pensions industry in recent years and SIPPs have been no exception. 

You may be forgiven for thinking regulations in respect of workplace pensions has little to do with SIPPs, yet recent proposals from the FCA could catch many thousands of SIPPs in the workplace net.
The Financial Conduct Authority (FCA) is concerned about how pension freedoms are impacting consumers and quite rightly so, especially with regards to those accessing their retirement savings and not taking advice, putting them at risk of running out of money, or worse, being scammed.
Staveley will be a familiar name to many. The test case for IHT treatment of pensions following transfer in ill health has been in the news many times since Mrs Staveley’s passing all the way back in December 2006.
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