The Financial Conduct Authority (FCA) has made it a requirement for firms to rank their annuity products against their peers and simplify the information they give to consumers in the form of wake-up packs.
The regulator found a lot of consumers were not getting the best deals in retirement because bad communication from their provider stopped them shopping around in the open market. It will ask firms...
The US dollar is close to peaking and the risks now seem to be on the downside.
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