The Government has a role to play in fixing the failing annuities market, the Financial Services Consumer Panel says, following a damning FCA report published today.
The FCA's review of annuities fails to go far enough and will be too slow to help thousands of retirees, a pensions director says.
The FCA is to launch a competition market study after concluding that the annuities market is failing consumers.
The Pensions Institute has criticised regulators for "a massive oversight" in failing to regulate workplace advice to employers.
We start 2014 knowing that the Pensions Regulator will be looking to improve governance in small trust-based DC schemes following the publication of Code of Practice 13 in November.
The Financial Conduct Authority and The Prudential Regulation Authority have confirmed that they will be undertaking enforcement investigations into events at the Co-operative Bank.
The FCA may hold back on releasing its much-awaited final proposals on capital adequacy until as late as June 2014.
So my first month away from AMPS in six years and I was suffering from cold turkey when I saw the release of new guidance by the FCA together with the announcement of a third thematic review.
A Sipp scheme was used by two Surrey-based investments advisers who have have been fined a total of £885,000 and been banned by the FCA from holding any position at a financial firm.
The Financial Conduct Authority has confirmed how it will use its new power to publicise warning notices by publishing information about proposed enforcement action.
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