Carefully designed prompts can have a significant impact on consumer behaviour and encourage retirees to shop around when buying an annuity, an experiment run by the regulator has concluded.
The Financial Conduct Authority (FCA) employed research specialists Oxera and the Nuffield Centre for Experimental Social Sciences to conduct an experiment on 1,996 willing participants to find out what...
To ensure creditworthiness assessments compliant
Avoid broad-brush strokes
Partner Insight: Introducing the Architas education series for clients.
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