FCA has launched a consultation on changes to its rules and guidance that the new pensions environment requires. The proposals:
- set out FCA expectations on how existing rules and guidance will operate in the new environment;
- suggest further changes to the Handbook;
- ask for views on the range of information to be part of the market study follow-up; and
- invite discussion on areas where the FCA expects to carry out further work.
Consultation closes on 4 January 2016, but FCA asks for responses on the annex on retirement outcomes by 30 October. (Source: FCA Consults on Changes to Pensions Rules)