Key facts
- City figures welcomed the financial watchdog's proposals to relax pension charge cap rules, according to the report.
- The report said the aim is to boost investment into British start-ups.
The UK financial watchdog has proposed relaxing pension charge cap rules in a bid to boost investment into British start-ups, according to a report that did not date the proposal. City figures welcomed the proposals, the report said.
The report gave no further detail on the terms of the proposal, the size of any change to the charge cap, or which start-ups or pension schemes would be affected.