Nearly 3,600 consumers have been compensated for wrongly being advised to switch savings into ‘risky’ assets within SIPPs – at a cost of £105m.

The ABI has disputed the FCA’s finding that accessing pension savings early has become 'the new norm'.

The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.

The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.

The regulator today published the interim findings of its Retirement Outcomes Review which was launched in July 2016. It is the first major study into how the retirement income market is changing since the pension freedoms.

Read our live blog below for all the reaction...

The FCA’s findings in its Retirement Outcomes Review are ‘disturbing’ and show ‘bonkers’ behaviour from savers, industry commentators said this morning.

The FCA has watered down its original proposals to require all advisers to record client calls.

The FCA has told the advice sector its bill to help pay for the regulator will rise by 4.7%.

The FCA has revealed Standard Life’s Financial Planning arm is among firms that is has been helping to develop robo advice.

The Financial Conduct Authority is to ask fund managers to disclose a single, “all-in” fee to investors to help tackle weak price competition in the asset management sector as part of a radical overhaul.

The asset management sector at “worse looks like a cartel” and should not fear revealing “the real price of the services”, industry professionals say.