Our regular roundup of the latest news and developments from the FCA.
Pensions
The report is a useful indicator of where the FCA expects firms to focus now.
Regulator says low consumer understanding and engagement are harming the market.
This move reflects the FCA's strategy to become a more responsive and outcomes-focused regulator.
A thorough understanding of this interaction is important for financial institutions, advisers, and regulators to establish inclusive and fair systems.
Our regular roundup of the latest news and developments from the FCA.
The regulator has raised concerns over some firms having weaker controls, and limited assessment of customers' experience and knowledge of ETP-associated risks.
A new color-rating method will be used to show how individual pensions are performing. Under-performers will be pushed to either improve or leave the market.