Dymott's Digest: We need to reinvent how we approach retirement

The recent Financial Conduct Authority (FCA) thematic review into the annuity market makes somewhat depressing reading. Although not overall surprising in its output, it points towards a number of issues which have been systemic in this market for some time.  The underlying conflict that arises between the provider and its customer has led to poor outcomes for too many retirees. For this reason, we fully support the FCA's findings and would encourage action soon. The reputation of the retirement and pensions market has never been so low. The pension system continues to be a politic...