In focus

Consultation Paper: Secondary annuity market

On 18 October 2016 HM Treasury announced that they were no longer taking forward plans to introduce a secondary market in annuities in April 2017.

Retirement income market data

This supplement provides market data on retirement income from October to December 2015.

Complaints data

We publish complaints data on individual firms and aggregate figures for the industry.

Our research and reviews

Review of annuity sales practices: TR16/7

This review assesses how firms provided information to customers, on a non-advised basis, about shopping around for enhanced annuities.

Retirement outcomes review: terms of reference

This review assesses the impact of pension reforms on competition in the retirement income market by looking at how firms and consumers have responded to the new freedoms.

Signposting to pensions guidance: our findings

Since April 2015, consumers have had greater choice around how they access their Defined Contribution pension savings. Our findings highlight the importance of consumers understanding the consequences of the decisions they make.

Annuity comparator: our research

Find out more about our research into the implementation and effects of the proposed ‘annuity comparator’.

Latest news for life insurers and pension providers

Pension providers making good progress on reducing fees and charges

Pension providers have made significant progress towards meeting the recommendations of the Independent Project Board (IPB), to reduce cost and charges.

FCA publishes finalised guidance for the fair-treatment of closed-book customers

We want to ensure that closed-book customers, who have life insurance products that are closed to new business, are treated fairly and do not receive less attention than customers who have recently taken out a new product.

PS16/24: Capping early exit pension charges: feedback on CP16/15 and final rules

We have published Handbook rules that discharge a new duty placed on us by parliament to cap early exit charges in pension schemes.