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FCA publishes proposed regulatory framework for UK pensions dashboard operators and final rules relating to non-workplace pensions

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Published on: 01 December 2022

Published by LNB News

LNB News 01/12/2022

Document Information

Issue Date: 01 December 2022

Published Date: 01 December 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has published consultation paper CP22/25, on the proposed regulatory framework for pension dashboard service (PDS) firms. Comments are requested by 16 February 2023. It has also published policy statement PS22/15, containing the final rules to improve outcomes for consumers saving into non-workplace pensions (NWPs). Firms affected by the changes must comply with PS22/15 by 1 December 2023 but, given the current levels of inflation, the FCA is encouraging providers to send cash warnings now.

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