Forcing product providers to reveal how their annuity quotes compare with competitors and developing a one-stop pensions 'dashboard' for retirees are two of several changes proposed by the Financial Conduct Authority (FCA) following its wide-ranging review of the retirement income market.
The ‘Pensions Dashboard' would allow consumers to view all their lifetime pension savings in one place, the regulator said. Additionally, it is proposing the introduction of what it called a 'behaviourally-trialled'...
Savers behaving responsibly
From 6 April 2020
Source of certainty
Stepping into the pension income unknown
Having it all (or most of it)
Clients are like family
'Regulatory failures' during FCA tenure