Retirement
FCA abandons second advice suitability review
To focus on DB pension transfers and reducing harm in consumer investment market
US flags Maltese pension plans as ‘potentially abusive’
Government body warns they may be facilitating tax avoidance
Credit Suisse sells European life and pensions operation
Deal is a ‘great opportunity’ and strengthens the acquirer’s presence in the region
DB transfers reach record low after contingent charging ban
‘Even where people ask for a quote, they are far less likely to turn that into a transfer’
Industry sceptical of potential pensions triple lock suspension
‘To erode a system which is already behind many other first world nations may be short-sighted’