Financial Conduct Authority

Despite rejecting Steve Webb's idea of a cooling off period, Buzz contributors were far from happy with the state of the annuity market.

Four out of five respondents said investment consultants should be fully regulated, while just over one in 10 said there was no call for this.

Helen Morrissey thinks its time for action on the retirement market

Helen Morrissey rounds up reaction to the Financial Conduct Authority’s annuity market investigation

Retirees could be given the chance to switch annuity providers during a one-year ‘cooling off period' after agreeing a contract, pensions minister Steve Webb says.

Most Buzz respondents believe trustees and scheme managers are not doing enough to get to grips with fees they pay for transition management services.

The Financial Conduct Authority's (FCA) thematic review of the annuity market has been criticised for not going far enough, fast enough.

Rachel Dalton asks what schemes can do to ensure they know exactly what they are being charged by transition managers

Rachel Dalton looks at the FCA’s report

The Financial Conduct Authority (FCA) will make no changes to its existing rules on transition management (TM).