Is the crackdown on the US pensions industry a warning for the UK?

Stephanie Baxter asks if the UK should take heed of the US pensions clampdown

Stephanie Baxter
clock

As the US clamps down on pension providers for ripping off customers, Stephanie Baxter asks whether the UK should take heed ahead of the April freedoms

At a glance The US crackdown is an example of poorly informed customers being ripped off by well-informed financial firms. Despite extra protections in the UK, pension scams will continue to...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

XPS launches DC pension pot benchmark tracker

XPS launches DC pension pot benchmark tracker

DC:UK Savings Watch maps value of typical pot against PLSA’s retirement living standards

Holly Roach
clock 18 December 2024 • 2 min read
L&G to set its Lifetime Advantage Funds as DC default strategy from 2025

L&G to set its Lifetime Advantage Funds as DC default strategy from 2025

Funds will offer members access to a range of growth assets including private markets

Martin Richmond
clock 17 December 2024 • 2 min read
Aon DC tracker shows drop in Q3 retirement outcomes

Aon DC tracker shows drop in Q3 retirement outcomes

Tracker fell from 65.2 to 64.6 due to drop in expected investment returns

Holly Roach
clock 12 December 2024 • 1 min read
Trustpilot