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United Kingdom · Question · Written question

UIN 10347

Pensions: Advisory Services

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

30 January 2020

Last action

6 February 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

6 February 2020

Summary

To ask the Chancellor of the Exchequer, if he will take steps to introduce penalties in respect of negligent independent financial advice on transferring pensions.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 30 January 2020

    Written question

    To ask the Chancellor of the Exchequer, if he will take steps to introduce penalties in respect of negligent independent financial advice on transferring pensions.

    Source: Commons

  2. 6 February 2020

    Answer

    The Government works closely with the Financial Conduct Authority (FCA), the independent financial services regulator, to ensure that the market for pensions advice works fairly. The FCA already has considerable powers to take enforcement action where con...

    Source: Written answer

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