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.

According to new research from investment provider 7IM people now expect to work an extra 5 years to provide a “comfortable” retirement for themselves.

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.

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

Today’s FCA report on the retirement reforms “looks like a regulatory cry for help”, a pensions expert says.

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.

Investment firm Tilney has continued its major recruitment drive with the appointment of a new business development director.

West Midlands-based Financial Planning firm Newell Palmer has added to its growing client base with the purchase of Wright Financial Planning.

A Wiltshire-based Chartered Financial Planning firm has agreed a sponsorship deal with a local football club, just weeks before the new football season begins.

Some 46% of firms in the financial services sector have increased their staffing numbers in recent months, according to the latest survey by the CBI and PwC Financial Services.