FCA has sent some pension and retirement income providers a data request for evidence about charges in the pensions decumulation market. The data request seeks information about the:
- products offered to consumers accessing their pensions flexibly over time;
- mix of investments held within these products and distribution of size of holding by customer; and
- level of charges over time and how these vary by the size of investment made and approach to accessing retirement savings.
Responses are sought by 15 February 2016. (Source: FCA Requests Pensions Data)