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The FCA has appoointed Charles Randell, a former partner at law firm Slaughter & May, as its new chairman. He will take over from 1 April.
The rapid growth in the number of pension transfers will continue this year, according to the respected global actuary and consultancy firm Willis Towers Watson.

Moneyfacts Star Ratings for Self Invested Personal Pensions (SIPP) and Small Self Administered Schemes (SSSAS) markets have been released.
SSASs have been in for a bit of a battering over the last year or so. Tainted by misuse from scammers, efforts to control the rogues have had serious implications for legitimate businesses trying to set up and run these small occupational schemes.
Former DVLA chief executive Oliver Morley has been named as the new chief executive of the Pension Protection Fund.
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