All over-50s to get savings and pensions advice from FCA

People in the UK aged 50 or over will start to receive "wake up" packs every five years under proposals published today by the Financial Conduct Authority (FCA).The chief City regulator wants the packs to include a one-page headline document, setting out the options for people as they consider whether to access their retirement savings under the pension freedoms put in place by George Osborne, the former chancellor, three years ago.It is one of a number of proposals published by the FCA as part