Pensions - Articles - EY comment on FCA dashboard and report in general


Chris Lamberton, Partner at EY, comments on the creation of a pensions dashboard:
“A dashboard which shows a customer’s collective savings in one place introduces a whole new way of managing money in retirement, and will allow providers to create new, innovative services for financial planning in later life. It will revolutionise how people view and control their savings, and demonstrates that the industry is focusing on how best to serve its customers.”

 Jason Whyte, Insurance Director at EY, comments generally on the FCA’s final retirement income market study report:
 "The FCA has reconfirmed its intent to ensure that consumers get the information they need to make good choices with their retirement money, though it will be some time before we see how effective it will be. The bigger question for the industry and consumers is whether the annuity past-business review results in widespread compensation for those who have bought annuities in the past"
  

Back to Index


Similar News to this Story

Misuse of scam warning flags unnecessarily delays transfers
Thousands of pension transfers are being held up unnecessarily by providers who are raising flags for transfers that have no real scam risks, accordin
Gen X signals a shift in work life priorities
Twice as many UK workers want a sabbatical than have taken one – with Gen X (44-59) showing the biggest gap between desire and reality. Health and we
Trustees play key role in pension scams crackdown
Trustees play key role in pension scams crackdown as £48,000 lost every day to fraud and lump sum withdrawals rise 60%

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.