FCA: More than twice as many retirement pots moved into drawdown than annuities
Two-thirds of drawdown customers seek advice
The number of annuities purchased fell by more than a fifth while the drawdown market grew 4% in the six months to March, latest data from the Financial Conduct Authority (FCA) has shown.
The FCA's latest data bulletin out on Friday showed the number of annuities purchased fell 21% in the six months between October 2016 and March 2017, while the drawdown market continued to grow. This...
More on Regulation
LC&F and Lloyds protesters get audience with Andrew Bailey
'Starting point'
SM&CR could place extra cost on advice firms
New regime rolled out today
Firm to pay redress to insistent client following SIPP transfer
Investment in unregulated scheme
Adrian Boulding: Will investment pathways lead more people to advice?
From 6 April 2020
PROD and financial advice: Making the methodology work for your clients
Three-part series
More news
LC&F and Lloyds protesters get audience with Andrew Bailey
'Starting point'
Jonathan Simmons: Labour's plan to reform IHT
The Christmas general election of 2019 will soon be upon us and so, here, Jonathan Simmons explores the parties' inheritance tax plans...
SM&CR could place extra cost on advice firms
New regime rolled out today
Building Society-owned Newcastle Financial Advisers acquires Openwork firm
First of a number of acquisitions
DB transfer values drop in November
TVI lowest in more than a year
