The Financial Conduct Authority says its plans to become a 'data-led' regulator will mean "profound" change.
The FCA has revealed that 50% of authorised firms previously using the Gabriel data reporting system have moved across to the regulator’s new RegData data collection system.
The number of complaints dealt with by the Financial Ombudsman Scheme has fallen to its lowest level for at least 7 years.
Transact has added an integration facility to allow users of the third party Timeline pension app to import Transact client portfolio data to help with pension drawdown planning.
The FCA is to launch a new platform to replace Gabriel, it’s main tool for collecting data from financial adviser firms.
We are coming up to 12 years since the introduction of pension simplification and although it seemed at the time not to solve or simplify much I would go back to that day in a heartbeat.
I can’t help but feel a bit cheated when I am sat in the office on Budget day waiting for some surprise pensions announcement by the Chancellor and there is not only no surprise, but the word pension is only mentioned twice in the whole speech.
One thing that makes my blood boil is the blame SIPPs get every time there is a release of information on complaints.
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