Tóm tắt
On 12th March, 1998 the Financial Services Authority (FSA) issued Consultation Paper 7 ‘Pension transfers and opt outs review phase 2’ which addresses the next phase of the pensions review and redress programme begun in 1994. The second phase of the review will focus on younger investors — those who are still 15 years away from retirement. The proposed approach for phase 2, on which the FSA and PIA are consulting, is that, with one important exception, the key stages of the review as set out in the 1994—95 programme (information gathering, loss test, compliance test, causation test and redress) will remain unchanged.
