Question: What impact will the FSA's recent report on the open market option have on take up going forward?

Stuart Bayliss is managing director at Annuity Direct The FSA's report has had an industry impact. The ABI had earlier published their own research which purported to indicate there was nothing wrong with the open market option and that people chose to stay with their existing companies because they love them dearly. But with the FSA report imminent, they are proposing significant new content for communication in the vesting process and acknowledging that much more needs to be done to improve both awareness of the open market and the efficiency of the process. The consumer's basic under...