This morning the Financial Conduct Authority and The Pensions Regulator published a joint strategy aimed at strengthening their relationship and delivering better outcomes for those saving for and approaching retirement. Commenting on the launch Steve Webb, Director of Policy at Royal London said:
“It is a good sign when regulators work together to make sure that they are pulling in the same direction. All too often government and regulators investigate individual financial products or specific points in people’s lives such as retirement. These plans are helpful because they will look at the whole of our ‘pensions journey’ - from starting work and being enrolled into a pension, through building up a pension pot and making choices at retirement and through retirement. This should help them to see the bigger picture and produce better outcomes in the long term”.
- ENDS -
For further information please contact:
Helen Morrissey, Personal Finance Specialist
- Email: email@example.com
- Tel: 0203 725 725
- Mob: 07919 170 712
About Royal London
Royal London is the largest mutual life, pensions and investment company in the UK, with funds under management of £117 billion, 8.8 million policies in force and 3,745 employees. Figures quoted are as at 30 June.
At Royal London, we’re proud to champion the value of impartial advice. We believe it plays a crucial role in connecting people with the products that are right for them – and is key to delivering better outcomes and experiences for our customers. At the same time, it helps to build trust in our products and services.
Royal London works alongside advisers not in competition with them. That’s why we’ve made some key commitments to the intermediary market. You’ll find more detail on our commitment to advisers at http://adviser.royallondon.com/campaigns/our-commitments/