With the long-awaited Retirement Outcomes Review final report expected to be published within the next month or so, Adrian Boulding offers his thoughts on what it could include
Within the next month or so, the Financial Conduct Authority (FCA) is set to publish its long-awaited final report from the Retirement Outcomes Review, which follows on from February 2014's TR14/2 Thematic Review of Annuities and its aftermath - the Retirement Income Market Study (RIMS) published in March 2015. RIMS uncovered a number of issues relating to consumer decision-making on decumulation following the introduction of the pension freedom reforms first announced in the 2014 Budget. It specifically demanded: * Annuity quotation comparisons so that, when a customer has decided to...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
