Claire Court

From the blog: Just when personal pension scheme administrators thought they understood and could confidently respond to the Financial Conduct Authority’s reporting requirements on members’ use of pension freedoms, the goalposts have been moved again.

 

An email sent to firms by the FCA’s market intelligence and data analysis department in February outlined changes to reporting requirements for the six months ending March 31 2017.

 

While there are a number of ‘improvements’ to the type and format of the data requested, it still gave those firms barely two months to both check their data are in order and then work out how best to analyse these and respond.

 

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