Fca Defined Benefit Pension Portal

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1. Defined benefit pension transfers – market-wide data … – FCA

https://www.fca.org.uk/publications/multi-firm-reviews/defined-benefit-pension-transfers
Defined benefit pension transfers – market-wide data ... - FCA
19 Jun 2019 – Collected data from firms on the size and value of the Defined Benefit (DB) pension advice market.

2. Considering a pension transfer: defined benefit | FCA

https://www.fca.org.uk/consumers/pension-transfer-defined-benefit

5 Jun 2020 – Defined benefit pensions. A defined benefit (DB) pension, sometimes called a final salary pension, gives you a guaranteed lifetime income that…

3. FCA sets out next steps to improve defined benefit pension …

https://www.fca.org.uk/news/press-releases/fca-sets-out-next-steps-improve-defined-benefit-pension-transfer-market

5 Jun 2020 – FCA sets out a package of measures designed to address weaknesses across the defined benefit (DB) transfer market.

4. FCA clamps down on bad final salary pension transfer advice …

FCA clamps down on poor pension transfer advice: can you get compensation?

22 Jun 2020 – The FCA has set out steps to improve financial advice for those seeking a defined benefit transfer, but is moving to a defined contribution…

5. FCAs next steps to improve the defined benefit pension …

https://www.pruadviser.co.uk/knowledge-literature/knowledge-library/fcas-next-steps-improve-defined-benefit-pension-transfer/

7 Jun 2020 – The FCA set out further steps in their drive to improve the defined benefit transfer advice market on 5 June 2020. They issued five items.

6. Transferring a pension scheme – Pru Adviser

https://www.pruadviser.co.uk/knowledge-literature/knowledge-library/transfer-pension-scheme/

The FCA definition of a pension transfer is: “A transaction resulting from the decision of a retail client who is an individual. a to transfer deferred benefits…

7. FCA sets out next steps to improve defined benefit pension …

https://www.abi.org.uk/news/news-articles/2020/06/fca-sets-out-next-steps-to-improve-defined-benefit-pension-transfer-market/

5 Jun 2020 – Today the FCA set out its next steps to improve the defined benefit pension transfer market. This included a ban on contigent charging.

8. Expert Pension Transfer Advice | Do More With Your Pension

https://www.estatecapital.co.uk/pension-transfer-advice/

The new pension freedoms give private sector final salary pension scheme … on pension transfers they must hold the appropriate Financial Conduct Authority (FCA) … either through our new portal, by email or by post our rebalance request.

9. FCA plans clampdown on unsuitable pension transfer advice …

https://www.theguardian.com/business/2019/jul/30/fca-plans-more-consumer-protection-pension-transfers

30 Jul 2019 – Britain’s financial watchdog has proposed measures to protect consumers transferring out of defined benefit pension schemes, including a ban…

10. 76% of firms may have provided potentially harmful defined …

76% of firms may have provided potentially harmful defined benefit transfer advice, says FCA

27 Jan 2020 – 76% of firms may have provided potentially harmful defined benefit transfer advice, says FCA … to transfer out of their DB pension schemes, a proportion that the FCA deemed higher than optimal for scheme members. … Total rewards · Employee and member portals · Trustee technology · Data analytics.

11. Financial Conduct: FCA sets out next steps to … – InvestEgate

https://www.investegate.co.uk/financial-conduct/rns/fca-sets-out-next-steps-to-improve-db-transfers/202006050700020892P/

5 Jun 2020 – FCA sets out next steps to improve defined benefit pension transfer market. The Financial Conduct Authority (FCA) has today set out a package…

12. FCA launches workplace pensions value for money consultation

https://www.professionalpensions.com/news/4016922/fca-launches-workplace-pensions-value-money-consultation

24 Jun 2020 – The Financial Conduct Authority (FCA) will bring forward proposals designed … for workplace pension schemes members, a consultation paper says. … sense for a common definition of value for money to apply across the … More on Defined Contribution … L&G pensions portal opens to 3.7 million people.