FCA: Second-hand annuities pose 'significant consumer risk'
Regulator releases rules and guidance
The secondary annuity market brings "significant risk of poor outcomes for consumers", the Financial Conduct Authority (FCA) has warned in its latest consultation paper.
The regulator today published a consultation on its proposed rules and guidance for the second-hand annuity market. It said the rules are designed to help "provide appropriate consumer protection while...
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