Regulatory AlertsCP15/12: Pension Wise - recommendation policy
The Financial Conduct Authority issues this consultation paper to propose its policy for making recommendations to designated guidance providers and the Treasury regarding compliance with Pension Wise standards. This policy addresses the FCA's statutory duty to monitor providers delivering the Guidance Guarantee for Defined Contribution pension consumers and to recommend corrective actions where standards are breached. The document outlines the proposed approach for monitoring guidance service providers and invites stakeholder comments by 8 May 2015 ahead of a final policy statement.
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