11 February 2026
If you are covering the FCA’s consultation on adapting regulatory requirements for a changing pensions market, which closes tomorrow, please see the following comment from Jon Greer, head of retirement policy, Quilter:
“We welcome the FCA’s ambition to modernise pension projections and bring them in line with what consumers expect in a digital age. Moving towards more interactive, outcomes‑focused disclosures is a really positive step that should help people better understand risk, returns and what their retirement savings might actually mean for them.
“At the same time, we’d highlight that this issue sits within the wider framework for transfer‑comparison information, an area where several new measures designed to support informed decision‑making are already in place but still bedding in. We’d urge the FCA to carefully consider the timing of any new requirements, so it doesn’t unintentionally add friction or slow down transfers for customers.
“If the proposals do go ahead, it will be vital to ensure consistency across trust‑based and contract‑based schemes, working closely with the DWP to avoid regulatory gaps. And to make the whole regime workable at scale, the development of standardised data and APIs will be essential. Without a digital solution, firms simply won’t be able to deliver this efficiently or at the volume required.”
