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FCA to target non-advised sales in pension freedom review

The FCA has published the terms of reference to its Retirement Outcomes Review; a major study into how savers and providers are reacting to the pension freedoms. As part of the review the regulator will look at areas including shopping around and product switching; non-advised sales; and changing business models. In addition, the FCA is […]

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PFS to expand pro-bono service to Scotland and Northern Ireland

The Personal Finance Society is considering expanding its free advice service, run in partnership with Citizens Advice, into Scotland and Northern Ireland. Money Marketing revealed in May that the PFS and Citizens Advice were planning to growing the programme. Currently 179 PFS members are volunteering across 98 Citizens Advice centres as part of the MoneyPlan […]

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FCA decides to impose PPI complaints deadline

The FCA is to introduce a deadline on new complaints about missold payment protection insurance as part of a wider package of measures to draw a line under the PPI saga. The regulator plans a two-year window for new PPI complaints to be brought, which will start by the end of June next year and […]

Parental leave and pensions

Fiona Hanrahan  – Senior Product Insight and Technical Support Analyst We are often asked how parental leave impacts workplace pension schemes in terms of funding in general, auto enrolment and salary exchange. This article will explain each of these. How does parental leave impact the funding of workplace pension schemes? A member of a defined […]

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