FCA warns pension providers on distribution deal competition

As part of the watchdog's Retirement Income Study, it said it had put several pension providers "on notice" for potential infringements of competition law. A note of the FCA's website explained it had uncovered instances of pension provider distribution agreements which flagged competition compliance protocol concerns. It said: "While we did not have competition concerns with the majority of the arrangements we looked at, there were some specific ones that we wanted to understand better." The FCA contacted the firms and reviewed a number of distribution agreements and minutes of me...