The Financial Conduct Authority (FCA) has outlined plans for Pension Wise to carry out more detailed fact-finds for people wishing to sell their annuities.
The regulator said it wants pension guidance providers to ask for people's financial and personal circumstances before helping them come to a decision on whether or not they want to sell their guarantee...
Maximum 30% of redress
Third Covid-19 resilience survey sent to advisers
Rise in clone scams
Managers plea for clarity over passporting rights
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams