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The FCA has launched a new section on its website to give regulated firms regularly updated guidance on helping clients hit by the cost of living crisis.

The Personal Financial Society (PFS) has asked the Financial Conduct Authority (FCA) to reconsider its plans for assessing the amount of compensation owed to British Steel pension scheme (BSPS) members.

The Financial Conduct Authority has today published final rules and guidance from its consultation on improving the quality of pension transfer advice.
The FCA has warned that some consumers who choose to take pensions drawdown without advice are failing to engage with the process and are risking financial “harm.”

An important figure at the Financial Conduct Authority is leaving to assume a key role in the pensions revolution by taking charge of The Pensions Regulator.

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