Thank you for taking the time to consider the fact or fiction questions. You have chosen your answer as you believe all of the statements are fiction Congratulations, you are correct All of the statements are fiction. Some of the statements are common misconceptions about T&C often based on legacy schemes.


As AI becomes embedded in financial decisions, firms must evolve governance, oversight and assurance at the same pace.

Pension freedoms have not served the silent majority who simply want a secure retirement income. Henry Tapper considers whether guided pathways and CDC mark a return to steady lifetime income.

The Prudential Regulation Authority’s January 2026 Dear CEO letter to UK banks and building societies was unusually direct about where it expects to find problems.