Plans to allow the re-selling of existing annuity contracts are "full of pitfalls and a potential minefield", a pension expert warned today.
Plans to ensure that individuals working at the upper echelons of banks can be held fully accountable for their professional practices have been outlined this morning.
Agile, sophisticated 'crooks' with no scruples are in the firing sight of the key figures leading the pension reforms, as they try to steer savers away from cold calling scammers.
Advisers are fearful that providers have failed to be fully prepared for April's pension reforms and are worried a change of Government will cause further upheaval.
The FCA has this morning finalised plans to crack down on misleading financial promotions through social media services such as Twitter.
The FCA has abandoned plans to require firms to identify financial promotions on Twitter by using the hashtag #ad.
A former compliance director at network Financial Group has been fined £33,800 by the FCA and also been given a ban.
The final Budget of this Parliament may feature plans which could lead to a new market in second-hand annuities.
The chief executive of the FCA expects some retirees to head to the gamblers' paradise of Las Vegas and blow their pension pots from April.
The financial services industry must invest in more apprenticeships, says a body dedicated to building professionalism in the UK.