The Pensions Ombudsman has said it is moving offices from London Victoria to a newly renovated "government hub" in London's financial district Canary Wharf on April 3 this year. This follows a previous announcement by the Financial Conduct Authority that it will move from Canary Wharf to Stratford in north east London this year.
The ombudsman's transfer to 10 South Colonnade includes the Pensions Advisory Service dispute resolution team. The TPAS resolution function is being moved to the ombudsman on April 1 this year.
The new single financial guidance body, which will emerge from TPAS in Pimlico, the Money Advice Service in Holborn and Pension Wise, is also speculated by some to be located in Canary Wharf in the future.
The FCA on the other hand will be required to move its head office from 25 The North Colonnade in Canary Wharf to London's former Olympic site at Stratford's International Quarter, where it will join cultural institution the British Council and charity Cancer Research UK among others.