Pension firms still waiting for FSA postcode action

Pow, Helen
September 2009
Money Marketing;9/17/2009, p5
The article focuses on the failure of Financial Services Authority (FSA) to include postcode annuities in the tables provided on Money Made Clear in Great Britain. According to Legal & General head of annuity product development Tim Gosden, rates of two annuity firms Prudential and Aviva are not reflected which should be resolved immediately since the information is misleading consumers. FSA is working on the discrepancies and is looking for possible options in terms of information and systems.


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