Clifford Chance
Financial Conduct Authority launches investigation of UK annuities market
14 February 2014
The Financial Conduct Authority has initiated a market study of the market for retirement income in the UK, following a year-long "thematic review" of the sector. If the FCA's initial competition concerns are confirmed, it may seek remedies to enhance competition and to encourage or facilitate shopping around for annuities.
This briefing explores the key issues.
