Pensions Buzz

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

Just one in five respondents backed the government's plans to exempt employees who have already opted out of contractual enrolment from auto-enrolment (AE).

This week, Buzz respondents were adamant that investment consultants should be regulated.

Opinion was split on the impact of the end of short service refunds for member costs.

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.

The people who make up the pensions industry are a breed apart, according to Buzz respondents.

Half of Buzz respondents feel consultants have a duty to promote stewardship, while three out of 10 contributors said this fell outside their remit.

Australia and the Netherlands are the countries the UK should look to for inspiration on pension, provision according to Buzz respondents.

Jonathan Stapleton asks if investment consultants need regulation

This week we want your views on the Financial Conduct Authority's (FCA) annuity market review. We also want to know if annuities should come with a cooling off period and whether trustees are getting their priorities wrong.