The Financial Conduct Authority (FCA) has found no evidence of 'an industry-wide or systemic failure' to provide customers with sufficient information about enhanced annuities through non-advised sales.
Indeed, its thematic review of non-advised annuity sales practices concluded many of the firms reviewed had provided "clear and comprehensive information to customers with written communication tending...
Third day of election campaign
The chairman fears investors could think the regulator endorses passives
Calls on advisers to use stats to promote protection
Labelled a ‘stealth tax’