Pensions - Articles - ABI comments on FCA Retirement Income report


Responding to the report, Yvonne Braun, ABI’s Director of Long-Term Savings Policy, said:

 "Pension providers are committed to providing customers with clear and meaningful information to help them make the retirement choices that are right for them. The ABI has long recognised that the annuity market did not work well for some customers, which is why our members developed the Retirement Choices Code and annuity window service, that have raised awareness and encouraged customers to shop around for the right annuity deal.

 “With the incoming pension reforms set to revolutionise people’s retirement options, we share the FCA’s aim of ensuring that customers have confidence they are getting the best possible retirement income for their circumstances. We look forward to working with the FCA on the practical implementation of their remedies."

Back to Index


Similar News to this Story

Transfer Value Index sees first increase since start of 2025
XPS Group’s Transfer Value Index increased to a month-end value of £141,000, marking the first month-end increase in the Index since the start of 2025
State Pension Age may rise to the dizzying height of 80
In response to the Government's review of the state pension age, and the OBR's "Fiscal risks and sustainability" report, Jack Carmichael, As
BPA premiums set to fall but number of transactions rise
Market trends, macro-economic volatility and digestion of recent policymaking drive ‘wait and see’ approach for larger schemes. Capacity in the market

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.