Rule Book

The Financial Conduct Authority (FCA) is concerned that many people are taking cash out of their pension pots and investing it in risky propositions or blowing it without taking suitable advice. They have launched a new public consultation therefore on rule book changes under the title "Pension reforms - proposed changes to our rules and guidance". They must consider it urgent as we only have to the end of October to respond. One particular change that might affect our readers is that ...