FCA Annuity Review: Will trustees need to fill the information gap?

The watchdog's findings could mean more work for DC trustees

Helen Morrissey
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The Financial Conduct Authority (FCA) Thematic Review into annuities found that many providers are not communicating retirement options adequately to retirees. Helen Morrissey finds that trustees and employers will increasingly be asked to bridge the gap.

Scheme members are receiving confusing messages that prevent them making appropriate retirement planning decisions according to the FCA. According to a thematic review into the annuity market publi...

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