ABI

The Financial Conduct Authority (FCA) is going in the right direction to becoming a "genuinely different" regulator and will put greater emphasis on competition, its chief executive Martin Wheatley has said.

Despite consumers feeling more confidence about available annuity options the vast majority are still not getting the best product and rate in retirement, Association of British Insurers (ABI) research has found.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether we need to "do decumulation differently."

Bright Grey has upgraded its critical illness definition for cancer for personal and business protection menu plans.

The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.

DODGY CALL

STAT ATTACK

Skandia has launched a critical illness (CI) product as many advisers "re-prioritise" protection following changes to retail investment advice made after the Retail Distribution Review (RDR).

The annuity market faces a ‘tipping point' as more ‘Middle Britain' savers could benefit from alternative retirement options, warns a new report.

Helen Morrissey goes through the results of the latest Inquiry and asks what challenges advisers face when advising on this market.