The pension plan run by the Financial Conduct Authority, the UK’s markets regulator, has been fined by a fellow watchdog for failing to stick to disclosure rules governing workplace savings funds.
In a statement at its website, the Pensions Regulator included the FCA Pension Plan in a list of retirement funds fined £2,000 for failing to communicate with members exactly as it should. News of the fine was first reported by trade magazine Professional Pensions.
