The FCA has called on advisers and providers to think beyond email messages to boost pension engagement with consumers.

The FCA has banned four financial advisers, three provisionally, over “reckless” pension transfer advice which has so far cost £13.4m in compensation payments.

A simple 'red, amber, green' traffic light system for pension scheme value could bring better clarity to workplace pensions and boost savings but may harm innovation, pensions experts say.

Sheldon Mills, executive director of consumers and competition at the FCA, has claimed that Consumer Duty has been a great success in a speech at an event celebrating the Duty’s anniversary.

The average salary at the FCA has risen by an average of 4.8% this year to £71,290, with some younger staff members receiving an 11.2% increase.

The FCA is to consult on introducing compulsory criminal background checks on firm owners and controllers applying for authorisation from January 2025.

The FCA has provisionally banned two financial advisers for “acting without integrity” in relation to SIPPs pensions advice involving £10m of investments.

The number of approved persons given the green light to work at appointed rep firms within three months of application has significantly improved in the latest quarter.

The FCA has opened a consultation into new guidance to be added to its Perimeter Guidance Manual (PERG) as the much-delayed Pension Dashboards Programme continues to inch forwards.

The Financial Conduct Authority has today written to the chief executives of financial advice firms asking them to review their retirement income advice processes.