Annuity comparison sites should include details of the types of guarantees available and identify providers that operate a restricted panel, after the Financial Conduct Authority (FCA) updated its guidance.
It follows feedback from the industry after a regulatory review of 13 annuity comparison sites earlier this year uncovered concerns about providers' disclosure of information and risk warnings. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date