FSA launches annuity probe

An investigation of the UK’s £11 billion annuity market has been launched.

By Wire services | January 31, 2013 | Last updated on January 31, 2013
1 min read

An investigation of the UK’s £11 billion annuity market has been launched, reports The Telegraph.

It says the FSA is looking into the varying rates offered to pensioners when they sign up to an annuity. They’re concerned they’re not being offered a fair deal in return for stable income.

Read more.

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