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FCA – Dear CEO Pensions Data Request

The FCA have issued a Dear CEO letter to all pension and retirement income providers requesting information about any barriers faced by consumers who are seeking to access their pension savings.

Mr Osborne had hinted that the industry wasn’t reacting quickly enough to provide clients with the facility to draw their benefits, the charges were obstructive and the FCA is taking action.

http://www.fca.org.uk/your-fca/documents/dear-ceo-letters/pensions-data-request