Annuity experts condemn non-advised sales - Equiniti

The research, conducted by pensions administrator, Equiniti Paymaster, asked 40 key players in the annuities space for their opinions on the state of the market. Some 59% thought that execution-only annuity sales were not effectively servicing the market, particularly those with small pension pots.  However, more were positive about pricing transparency around the products, one of the key objectives of the Retail Distribution Review (RDR).  Some 25% stated that they agreed that pricing was more transparent, with 35% saying that they were neutral on the issue or did not know whether...