Non-advised annuity sales could be subject to a commission cap or an outright ban under plans being considered by the Financial Conduct Authority (FCA).
Its latest consultation, Pension reforms - proposed changes to our rules and guidance, said consumers were at risk of not getting value for money from non-advised annuity sales. And that in some circumstances...
Consumer complaints against firms for misadvised DB transfers also rising
Changed in November last year
The question is: what is the right thing to do?
Industry Voice: How climate change can impact return expectations and what this means for multi-asset investors
Climate change affects the long-term asset class return assumptions that underpin portfolio construction and multi-asset investors need to consider its implications carefully.
Stewardship being 'transformed by pension schemes'
Jones takes on the brief after five years on the board, serving and chairing committees