11 February 2026
Pensions UK has responded to the Financial Conduct Authority’s (FCA) consultation on adapting regulatory requirements for a changing pensions market.
In our response, Pensions UK welcomes the proposed changes as a step towards improving consumer outcomes.
However, the response highlights significant operational and regulatory challenges that could undermine the reforms’ effectiveness, warning that the proposals could risk falling short unless regulators take a coordinated, whole market approach.