Parliament committee wants govt to work with FCA on pension scams

In a WPC report on pension costs and transparency, the parliamentary committee recommended outside groups assist the Financial Conduct Authority (FCA) in keeping the list up to date. The committee is made up of MPs from a number of parties and exists to check and report on government departments. It said the financial watchdog's list of unauthorised firms should be regularly updated by governmental organisations involved in pension scams and act as a co-ordinated early warning system. At present, a searchable list of unauthorised firms can be found on the FCA's website. The list detai...