FCA confirms annuity 'ranking' plans as pensions dashboard moves step closer

Carmen Reichman
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The Financial Conduct Authority (FCA) has made it a requirement for firms to rank their annuity products against their peers and simplify the information they give to consumers in the form of wake-up packs.

In its 'final' findings from its retirement income market study, the regulator found many consumers were not getting the best deals in retirement because poor communication from their provider stop...

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