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.
Open consultation: CP19/25 Read more about Open consultation: CP19/25
30/07/2019
Consultation closed
30/10/2019
Policy Statement 20/6
05/06/2020
05/06/2020