Witryna13 sty 2024 · Pensions analysis: The Financial Conduct Authority (FCA) has published a policy statement with the outcome of its consultation on non-workplace pensions (NWPs). Respondents to the consultation were broadly in support of the FCA’s proposals to introduce new protections for consumers using NWPs for their retirements savings. Witryna27 lut 2024 · The FCA has estimated that there are around £400bn assets under management (AUM) in non-workplace pensions, which is more than double the amount invested in contract-based DC workplace pensions. The FCA has noted that this is also a growing market, and serves a broad group of consumers who are saving for later …
Response by TISA to CP21/32: Improving outcomes in non …
WitrynaImproving outcomes in non-workplace pensions Consultation Paper CP21/32**. November 2024. CP21/32 Financial Conduct Authority Improving outcomes in non-workplace pensions How to respond Contents We are asking for comments on 1 Summary 3. this Consultation Paper (CP) by 2 Background and wider context 7. 18 … WitrynaFinancial Conduct Authority FCA cryptic legacy
PS22/15 - Improving outcomes in non-workplace pensions
Witryna25 lis 2024 · “In a worst-case scenario, they will end up shoving all their pension in cash and risk their money being eaten away by inflation. “Having a default fund which is … WitrynaWith £470bn invested, and 125k new customers buying a non workplace pension without advice each year, the FCA has been consulting on introducing default investment options to help those who ... Our work on non-workplace pensions is part of our aim to improve outcomes across all types of pension products. We are making rules to ensure that non-workplace pension providers: 1. Offer a ‘default’ option … Zobacz więcej Our rules apply to firms that operate non-workplace pensions, including: 1. life insurers 2. platform providers 3. self-invested … Zobacz więcej We published a Discussion Paper (DP18/1)in 2024, seeking to understand better how well the non-workplace pensions market … Zobacz więcej crypticle