FCA May Force Advisers To Offer More Customized Help

Law360, London (January 28, 2019, 1:19 PM GMT) -- The Financial Conduct Authority set out plans on Monday to prevent retirement savers from losing up to £25 million ($33 million) of pension income a year with rules that will force advisers to offer help tailored to the needs of investors.

The FCA has launched a consultation on measures that will compel financial services companies to offer a range of investment strategies to customers who do not actively ask for advice from an adviser about their pension savings. Pensions advisers will be obliged to ensure that the so-called investment pathways broadly meet the saver’s retirement objectives.

The watchdog hopes that its...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Government Agencies