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Searching for: researcher is "financial conduct authority (fca)"

Surveys listed in reverse order of publication date

Results 1-11 of 11.

Data Bulletin: Issue 14
FCA Data Bulletin
Financial Conduct Authority (FCA)
6 Sep 2018 United Kingdom Annuities and Income Drawdown, Pension Reform
The Financial Conduct Authority (FCA) has published the latest issue of its quarterly Data Bulletin. In Issue 14, it considers the latest trends in the retirement income market as identified through an examination of data for the second half of the 2017/18 financial year from its Retirement Income Data Request, which tracks what action consumers take when accessing their pension pot for the first time. According to the bulletin, the total number of pension pots accessed remained consistent, however there was a 9% fall in the number of pots which were accessed as full cash withdrawals compared to the same period in the 2016/17 financial year.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

DE1117529   Click here to contact the authors.
 
The changing shape of the consumer market for advice: interim consumer research to inform the Financial Advice Market Review (FAMR)
The changing shape of the consumer market for advice: interim consumer research
Financial Conduct Authority (FCA)
Aug 2018 United Kingdom Advisers, Regulatory Bodies (excl. tPR)
The FCA has published a report outlining findings from qualitative research with consumers, which is intended to inform the Financial Advice Market Review (FAMR). According to the results, 4.5 million UK adults took financial advice on investments, saving into a pension or retirement planning in the last 12 months, up from 3.2 million the previous year. According to the findings, only 3% of all adults used Pension Wise in the last 12 months, whilst 4% used TPAS and 15% used other Government or consumer websites such as: Money Advice Service; Citizens Advice; and GOV.UK.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Aug 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

761120774    
 
The financial lives of consumers across the UK: Key findings from the FCA’s Financial Lives Survey 2017
Financial Lives Survey
Financial Conduct Authority (FCA)
20 Jun 2018 United Kingdom Automatic Enrolment, Pensioners & Retirement, Savings, State Pensions
The FCA has published an update to its 2017 Financial Lives Survey. In this update it provides a geographical analysis of the survey results. The report reveals that the state pension is the main source of income for 44% of retirees across the UK as a whole and 53% of pensioners in London. It also found that an above-average percentage of adults in the East of England have experienced unsolicited approaches about pensions or investments that could be a scam over the last 12 months, with 28% of adults in the area being the subject of such approaches compared with the national average of 23%.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jun 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

71110629B    
 
Data Bulletin: Issue 12
FCA Data Bulletin
Financial Conduct Authority (FCA)
20 Mar 2018 United Kingdom Annuities and Income Drawdown, Regulatory Bodies (excl. tPR), Savings, Scheme Issues & Trends
The Financial Conduct Authority (FCA) has published the latest issue of its quarterly Data Bulletin. In Issue 12, it focuses on developments in the pensions and retirement income market. In the bulletin the FCA analyses market data from the fifth update to the Retirement Income Data Request (RIDR) alongside data about consumer attitudes towards and experiences of retirement saving it gathered from the Financial Lives Survey, which was published in October 2017. On the basis of its combined analysis the FCA concluded that although a lot of activity is taking place within the pensions and retirement income sector, it is clear that consumers are lacking confidence in and understanding of their retirement choices.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Mar 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

5A1089794    
 
Understanding the financial lives of UK adults
Financial Lives
Financial Conduct Authority (FCA)
Oct 2017 United Kingdom Advisers, Annuities and Income Drawdown, Pensioners & Retirement, Regulatory Bodies (excl. tPR), Savings, Scheme Design (inc. DB & DC)
The FCA has published the results of its Financial Lives Survey 2017. According to the results, 66% of all UK adults have one or more private pensions, while 31% have no private pension provision. Just 3% do not know if they have private pension provision or not.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2017 or click here (this link will not work in all circumstances). For further information about Perspective click here.

2E106744C   Click here to contact the authors.
 
Retirement Outcomes Review: Interim Report
Retirement Outcomes Review
Financial Conduct Authority (FCA)
Jul 2017 United Kingdom Savings, Regulatory Bodies (excl. tPR), Pension Reform, Advisers
The FCA has published an interim report of its findings in its review on retirement outcomes, which looks at how the retirement income market is evolving since the pension freedoms were introduced in April 2015. The report revealed that 30% of consumers go into drawdown without getting advice, compared to 5% before the pension freedoms were introduced, and that twice as many people are now using drawdown as opposed to annuities.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jul 2017 or click here (this link will not work in all circumstances). For further information about Perspective click here.

8A105054F   Click here to contact the authors.
 
Over 55s at heightened risk of fraud, says FCA
Over 55s at heightened risk of fraud, says FCA
Financial Conduct Authority (FCA)
25 May 2016 United Kingdom Investment - General
A study published by the Financial Conduct Authority (FCA) has found that 23% of over 55s are considering investing in unfamiliar types of investments in the next 12 months, due in part to the current low interest rate environment. The report also reveals that over 55s are receiving a higher volume of unsolicited calls from unauthorised investment companies, with respondents claiming there has been a 40% increase in contact from companies they have not heard of.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> May 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

D697862A    
 
FCA survey of firms providing financial advice
FCA survey of firms providing financial advice
Financial Conduct Authority (FCA)
Apr 2016 United Kingdom Scheme Design (inc. DB & DC), Pensioners & Retirement, Pension Liberation, Advisers
According to research by the Financial Conduct Authority (FCA), since the introduction of freedoms, the total number of requests to transfer from DB to DC pension schemes have increased by 246%. Requests from existing customers increased by 123%.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Apr 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

739750EC    
 
Retirement Income Market Data: October - December 2015
Retirement Income Market Data
Financial Conduct Authority (FCA)
Apr 2016 United Kingdom Regulatory Bodies (excl. tPR), Pension Reform, Annuities and Income Drawdown, Advisers
The Financial Conduct Authority (FCA) has published Retirement Income Market Data which shows how consumers accessed their pensions from the beginning of October to the end of December 2015. In this period, 127,094 pensions were accessed by consumers for the first time, either to take an income or withdraw their money as cash.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Apr 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

DD9705D7    
 
Retirement Income Market Data: July - September 2015
Retirement Income Market Data
Financial Conduct Authority (FCA)
Jan 2016 United Kingdom Regulatory Bodies (excl. tPR), Pension Reform, Annuities and Income Drawdown, Advisers
The Financial Conduct Authority (FCA) has published Retirement Income Market Data which shows how consumers accessed their pensions from the beginning of July to the end of September 2015. In this period, 178,990 pensions were accessed by consumers to take an income or fully withdraw their money as cash. The data also reveals that customers' use of regulated advisers differs across each product type and by pension pot size. Although only 17% of consumers told their provider they had used Pension Wise, this increased to 22% of consumers with small pots where use of regulated advice is lower.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

649531B0    
 
FCA pension freedoms data collection exercise: analysis and findings - September 2015
FCA pension freedoms data collection exercise: analysis and findings
Financial Conduct Authority (FCA)
16 Sep 2015 United Kingdom Transfers, Pension Reform, Pension Liberation, Advisers
Findings from the Financial Conduct Authority (FCA) have revealed that 204,581 people accessed their pensions between April and June, since the introduction of freedoms. The research also showed that 71,455 people have accessed some form of income drawdown option.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2015 or click here (this link will not work in all circumstances). For further information about Perspective click here.

EA93154D    
 

Results 1-11 of 11.