Speaker: Money and Pensions Service (MaPS) and The Pensions Regulator MaPS and The Pensions Regulator (TPR) held a joint virtual event on 19 November 2021, ahead of the launch of Pension Safeguarding appointments on 30 November. These appointments will be available for consumers where schemes or providers have signposted them to guidance where ‘amber flags’ have identified there may be a...

Speaker: Money and Pensions Service (MaPS) chair Sir Hector Sants The FCA, in its consultation paper published in May of this year, proposed a new consumer duty to sit above and in tandem with the current principles. It would be designed to provide an overarching standard of conduct. In the FCA’s words the duty is designed to “put firms in the customers shoes” and to ask the...

Speaker: Money and Pensions Service (MaPS) chair Sir Hector Sants Here in the UK, by 2030, over 13 million people will be at, or beyond, the State Pension age. Many of these people will face complex decisions about how to make their Direct Contribution (DC) pensions last a lifetime. Others may find their pensions options are very limited. Some of these, sadly, may also lose...