Equniti, James Hay and Curtis Banks top pension complaints in 2020 H2

Aviva most complaints in total

Tom Ellis
clock • 1 min read

Equniti, Curtis Banks and James Hay proportionally received the most complaints for decumulation and pensions policies in the second half of 2020, according to the latest data from the FCA.

The trio of firms had the unwanted honour of completing the podium for most pension & decumulation provision complaints per 1,000 policies in force at a rate of 16.8, 16.7 and 11.8 respectively.  Aviva received the most decumulation & pensions provision complaints outright with 12,695 but, proportionally received 1.54 complaints per 1,000 policies in force, 18th on the list. When it came to decumulation & pensions intermediated complaints per 1,000 policies sold, AJ Bell received 13, while SJP received 3.5 per 1,000 policies. Coutts & Company received by far the most complaints for...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA dismisses British Steel complaints after lengthy investigation

FCA dismisses British Steel complaints after lengthy investigation

Regulator acknowledges decision will be ‘disappointing’ for complainants

Jenna Brown
clock 22 April 2024 • 2 min read
Agile IT needed as rapid regulation change becomes the norm

Agile IT needed as rapid regulation change becomes the norm

'Gone are the lengthy consultation and rule-setting cycles that often took several years'

Paul Muir
clock 15 April 2024 • 6 min read
Leveling up the playing field when it comes to picking skilled persons

Leveling up the playing field when it comes to picking skilled persons

Given the prerequisite for accuracy, a rigorous selection process is essential

Richard Farr
clock 15 April 2024 • 4 min read