UK Financial Conduct Authority To Require Pension Providers To Offer To Book Pension Wise Appointments For Consumers
UK Financial Conduct Authority To Require Pension Providers To Offer To Book Pension Wise Appointments For Consumers Date 04/05/2021 The Financial Conduct Authority (FCA) has today proposed new rules to require pension providers to ‘nudge’ consumers to Pension Wise in order to benefit from guidance before they access their defined contribution pension savings. This includes booking an appointment with Pension Wise if the consumer wishes. Currently, pension providers are required to signpost consumers to Pension Wise guidance and encourage them to seek appropriate pension guidance or ...