The FCA’s recent issue PS16/12

The FCA recently issued PS16/12 which was the much anticipated follow up to CP15/30, the FCA’s consultation on Pension Freedoms. Both the consultation and the policy statement were wide ranging in their content. The policy statement changed various pension-related rules and guidance within the FCA Handbook, some of which took effect from 25th April 2016, some from October and the rest from next April. The changes impact on those who advise on personal pensions as well as personal pension operators. Enhance have developed a staff briefing that provides an overview of the Policy Statement. If you would like a copy then please email