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FCA wants advisers to review retirement income support
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The Financial Conduct Authority has today written to the chief executives of financial advice firms asking them to review their retirement income advice processes.
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FCA to review treatment of vulnerable customers
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The FCA is to conduct a review into what regulated firms are doing to understand and respond to the needs of customers in vulnerable circumstances.
1 in 5 accessing pension savings without understanding rules
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Almost one in five (16%) of Britons had accessed funds from their pension savings without understanding the rules before doing so, according to a new report.
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TPR strikers suspend industrial action
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Strike action by members of the Public and Commercial Services (PCS) union at The Pensions Regulator has been suspended and staff returned to work last Wednesday.
20% of small DC schemes close after new TPR rules
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Almost one in five (16%) of schemes with under £100m in assets scrutinised by The Pensions Regulator (TPR) as part of a pilot into the effectiveness of its new rules over value for member assessments has opted to wind down.
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