Fears raised over consumer decision making
There are several techniques to help engage savers
Will ban fees on new contracts
Dashboard will be implemented by 2019
'Asset management is a simple business but it's not an easy business'
The Financial Conduct Authority (FCA) is considering changing the way consumer compensation limits are structured after some firms suggested insurance and investment limits should be aligned.
Annuities are beginning to see a revival, as retirees shun drawdown and cash withdrawals for a guaranteed income, latest figures from the Association of British Insurers (ABI) have shown.
The former pensions minister Steve Webb has accused the Chancellor of orchestrating a ‘daylight robbery' with his proposals to reform tax relief.