FCA seeks data on charges for cashing in pension pots

Britain's financial regulator said on Wednesday it has asked pension companies to spell out how much they charge people to cash in their pension pots. "This data collection exercise will help us establish whether there is a significant variation between firms for similar products and services, and the extent to which the charges that consumers face may be complex and difficult to understand," the Financial Conduct Authority (FCA) said in a statement. "We will also analyse whether higher charges