The Financial Conduct Authority is proposing a pensions dashboard allowing consumers to see all their pension pots in one place, following a study on retirement income it carried out last year.
Checking up on the bodies that will provide the new Pension Wise service will cost the FCA nearly £400,000 every year and an initial outlay of nearly £600,000.
Two former directors have been banned by the FCA for failing to assess the suitability of investments made through Sipps for their customers.
An influential group of MPs has questioned if there is strong enough protection for savers under the new pensions rules.
Proposals have been outlined by the FCA to make advising on the conversion or transfer of safeguarded pension benefits a regulated activity.
The FCA has published final rules this morning on implementing a charge cap on default funds for automatic enrolment.
New rules have been revealed this morning to protect consumers as the pension reforms take effect.
A Sipp provider has reacted to an FCA review by changing annual statement packs to show if investments are standard or non-standard.
A final report on the 'failing' market for retirement income is being drawn up by FCA officials.
Plans to introduce additional protection to pension holders ahead of the reforms kicking in in April have been outlined today by the FCA in a letter to chief executives of providers.
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