This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

‘Potential redress’ sought by UK FCA following retirement advice review

( June 11, 2025, 09:00 GMT | Official Statement) -- MLex Summary: A review into the provision of UK retirement advice has led to the Financial Conduct Authority seeking “corrective actions including the provision of potential redress.” The FCA’s review of 28 providers of retirement income advice found some that weren't obtaining sufficient information on clients’ financial situations. It also found others that weren't frequently assessing attitude to risk, or were only modeling cashflow in line with average life expectancy — thereby risking foreseeable harm. Statement below....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections