The Financial Conduct Authority has imposed new rules on pension companies and pension providers from 1 February 2021.
Pension providers must take additional action with:
Pension Providers Must Offer an Investment Pathway Fund based upon the client being classed in one the following sections:
Pension providers must then offer the client an Investment Pathway Fund suitable for each of the above profiles.
In connection with the fund, the provider must supply information about the fund:
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