New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
From 1 March, Financial Conduct Authority (FCA) rules mean quote comparison templates showing like-for-like rates must be used when producing annuity illustrations. The measure is being introduced to...
Consumer complaints against firms for misadvised DB transfers also rising
'Act or be compelled to act'
Drawdown retirees forced to reduce income during the early stages of the pandemic are now considering the best way to turn the taps back on, writes Steve Hunter
Changed in November last year
'Spent 18 months agonising'
Updated: DB schemes that provide GMPs must revisit and top-up historic CETVs 'where necessary' - landmark ruling
GMP equalisation litigation judgment
Cherry Reynard talks to New Talent Awards 2020 Financial Adviser of the Year Alex Johnston, who tells the story of his so-far short but unique career...
Confirmed intentions in May