November 25, 2016 BY Valentina Kirilova

FCA: Customers to be shown how much they could gain from shopping around for an annuity

Annuity providers will be required to inform their customers how much they could gain from shopping around and switching provider before they purchase an annuity under plans, the Financial Conduct Authority (FCA) has announced today. The FCA previously has found that 60% of customers were not switching providers when they bought an annuity and up…

Read more