Pensions

Pensions

FCA tells non-workplace pension providers to act on legacy product value failings

The FCA has reviewed legacy non-workplace pension products and found customers in closed books are likely getting worse value. Providers holding closed books face an explicit expectation to act.

Pensions

CP26/20: FCA consults on SIPP due diligence and asset protection rules, closing 24 August 2026

Action required for SIPP operators. The FCA has published CP26/20, proposing new due diligence and asset protection rules for a market holding 567bn across 5.3 million consumers.