The regulator has raised concerns about shrinking competition in the retirement income market post-pension freedoms, warning the problem could get worse still.
The Financial Conduct Authority (FCA) said in its Sector View paper out on 18 April the lines between pension accumulation and decumulation had become increasingly blurred, which posed a challenge for...
Retirement Advantage research suggests
9,700 transfers in 2016/17
Up 0.1% from Q1
Extra burdens for largest firms