FCA writes to all pension providers over 'freedoms' access

The request for data includes a questionnaire seeking from providers information on exit charges; transfer procedures; treatment of insistent clients; financial advice requirements; and the options they offer consumers seeking access to their pots. It said the information it collects will inform HM Treasury's work looking into the barriers savers face when looking to access their retirement savings. Last month, the government announced it would examine whether savers looking to take advantage of the pension 'freedoms' introduced in April face "excessive" early exit charges. The ann...