Experts react to FCA plans for default pension investment option

Jenna Brown
clock • 5 min read
Experts react to FCA plans for default pension investment option

The UK regulator wants to introduce a default pension investment option for non-advised savers outside of workplace schemes to boost retirement savings. The Financial Conduct Authority (FCA) said a default investment strategy for personal pension customers would help cut through complexity faced by customers who do not take advice. A consultation paper released on Thursday (25 November) said non-workplace pension customers have to choose their own investments from an increasingly wide r...

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