Old Mutual Wealth (OMW) has called on the government to allow providers to buy back annuity contracts of any value from their customers.
The group's proposal followed the government's decision last week to scrap plans to create a market for secondary annuities on the grounds this "could not be balanced with sufficient consumer protections"....
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?
15 failed to pay more than BoE
Banks must work together with clients to help transition
Sustainable Festival: UN's Mulder says asset owners must take nature-based investment more seriously
Investment gap must be closed
Adding to 67 firms