Push for financial stability objective
Regulator to closely to assess impact
The Financial Conduct Authority (FCA) must establish a ‘second line of defence' for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.
Eighteen websites have been suspended and arrests made during a campaign, being revamped on Thursday, against pensions liberation schemes.
TPR investigation into pre-retirement literature of trust-based DC schemes found 23% of retirees use available options