13-05-2016 01:13 via news.yahoo.com

MPs warn pension reform could be next mis-selling scandal

By Huw Jones LONDON (Reuters) - Allowing people to cash in their pension pots is a potential trigger for mass mis-selling after regulators have proved too "passive" in tackling the loan insurance scandal, MPs said on Friday. There was no guarantee that efforts by regulators to improve behaviour at banks will stick as the regulatory spotlight moves away, parliament's Public Accounts Committee (PAC) said in its report on financial services mis-selling. "The Financial Conduct Authority and the Trea
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