FCA urged to bolster protections for secondary annuity market

Michael Klimes
clock • 1 min read

The secondary annuities market will only work if the Financial Conduct Authority (FCA) puts in place adequate protections to prevent consumers being ripped off.

In a number of responses to the FCA's consultation which closed on 21 June, several organisations warned the regulator must do more to ensure people do not get a bad deal when selling their annuiti...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Dalriada launches DC tool for AVCs, Clara to switch up to 35% of assets into private markets, and a Hymans Robertson report

Professional Pensions
clock 11 April 2025 • 1 min read
Challenges remain as UK economy beats growth expectations in February

Challenges remain as UK economy beats growth expectations in February

UK economic outlook still 'downbeat'

Sorin Dojan
clock 11 April 2025 • 2 min read
TPR launches videos as part of campaign to get industry dashboard ready

TPR launches videos as part of campaign to get industry dashboard ready

Regulator says many schemes still hold out of date value information

Holly Roach
clock 11 April 2025 • 1 min read
Trustpilot