The Financial Conduct Authority (FCA) has said it is “open and neutral” on whether getting regulated advice when buying an annuity is necessary.
The consumer group which monitors financial services for the Financial Conduct Authority (FCA) has called for a review of the growing direct to consumer annuity market.
Major investors in insurance companies are already aware of a significant ruling made last March by the European Court of Justice.
Clients can qualify for enhanced annuity rates for a range of conditions these days, including obesity, high blood pressure and previous medical treatment.
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