The Financial Services Consumer Panel (FSCP) has urged the Financial Conduct Authority (FCA) to create requirements for employers and trustees of workplace schemes to provide annuity services for members.
In a paper published today, the FSCP called on the FCA to conduct a "rigorous" study of the annuity market, particularly focusing on the "possible exploitative pricing of ‘rollover' annuities sold ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
