The Financial Conduct Authority (FCA) will begin requesting data from annuity providers as part of its on-going investigation into the market.
The regulator began major review of the £11bn annuity market earlier this year in its former incarnation, the Financial Services Authority (FSA) (PP Online, 31 January). An FCA spokesman today confirmed...
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.