Treasury creates new regulated activity: Treasury has added to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, from 6 April, a new regulated activity of advising on conversion or transfer of pension benefits. It has also made legislation automatically varying the permission of any firm that, before 6 April, had permission to advise on rights under a pension scheme, so that it will have permission also for the new activity. (Source: Treasury Creates New Regulated Activity)