Regulatory AlertsPS20/6 Pension transfer advice: feedback on CP19/25 and our final rules and guidance
The Financial Conduct Authority issued Policy Statement 20/6 to provide final rules and guidance on pension transfer advice following its earlier consultation paper CP19/25. This document consolidates feedback received from stakeholders and establishes the regulatory framework governing how firms advise consumers on transferring pension benefits. The final guidance aims to protect consumers by ensuring that advice on pension transfers is clear, fair, and not misleading.
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