In this section
Tasks for regulated firms
Pension reforms: feedback on CP15/30 and final rules and guidance
Retirement income market data
Consultation Paper: Capping early exit pension charges
On 19 January 2016 the Chancellor announced that the Government would introduce legislation to place a new duty on the FCA to cap early exit charges in certain pension contracts. This Consultation Paper sets out our proposals on the application and level of a cap – and the changes to our Handbook rules – that we believe are required to discharge the duty being placed upon us.
Secondary annuity market – proposed rules and guidance
In April 2015 the Government introduced new pension freedoms extending choices for individuals accessing their pension savings. In March 2015 the Government announced that it was consulting on extending similar freedoms to those who already had an annuity in payment. This Consultation Paper seeks views on our proposed new rules and guidance for the secondary annuity market, which is due to start in April 2017.