The industry had awaited the Financial Conduct Authority's (FCA) thematic review into the annuity market with high hopes.
However, the results are in and while they do expose the need for wide-ranging reform of the at-retirement market many industry commentators have expressed disappointment at the FCA's lack of direct action....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point