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FCA given dual role in pensions guidance plan

The government will legislate to give the FCA the power to set minimum standards that independent bodies will have to follow when advising consumers about what they can do with the money accumulated in their pension pots. 23 Jul 2014

Privacy watchdog urges Canadian insurers not to ask for genetic test results

Canada’s privacy watchdog has called on the country’s health and life insurance industry not to ask applicants for access to existing genetic test results, “until such time as they can be shown to be demonstrably necessary and effective”. 22 Jul 2014

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Government response to Freedom & Choice paves the way for innovation – but there are key issues for providers, employers and trustees to contend with

The pensions 'guidance guarantee', underpinning reforms to UK pensions which will give savers more freedom and choice about how they access their pensions, will be delivered by independent advisory bodies rather than product providers, the UK government has... 21 Jul 2014

FCA seeks to clarify what constitutes retail investment advice

Platforms that allow prospective investors to use 'decision trees' to determine what investments to make may be considered to be offering regulated advice to those clients in certain circumstances, the UK financial regulator has said. 14 Jul 2014

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