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AJ Bell, the Sipp and investment provider, has urged the Financial Conduct Authority to make the disclosure regime for pension and investment products clearer.
The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
One in two annuity customers stay put with their original pension provider rather than shopping around despite the arrival of the new pension freedoms.
Pension transfer values continued to show considerable volatility in the second quarter of this year and decreased by 3.7% in June during the month.
Major platform provider AJ Bell has appointed a new sales director to work on their SIPP products.