Ros discusses the latest release from the Association of British Insurers which outlines ways in which it proposes to improve its practices for selling annuities. She believes the media pressure has had an impact but the measures being promised are inadequate and being introduced too slowly anyway.
Ros wrote an article for CityAM expresses concerns that the FCA review shows the failings of the annuity market but is still not addressing them
Ros reacts to the release of the findings of the FCA’s Thematic Review of annuities which confirms market failure but fails to implement swift reform
Ros previews the FCAs forthcoming Annuities review findings and calls for urgent action to address the evidence failings
Description: Ros summarises the arguments about why annuities may not be fit for purpose for many of those who buy them
Ros explains why she spoke out against selling annuities to customers without any suitability checks and explains why annuities are no longer fit for purpose.
Description: Ros spoke at an ILC_UK Panel Debate sponsored by Legal and General on the subject ‘Are annuities fir for purpose?’. This is a transcript of her remarks and her slides.
Ros spoke on a panel at an ILC Seminar in the House of Lords addressing the question ‘Are Annuities Fit for Purpose’ and she explains why, without asking questions of customers, those selling annuities can have no idea whether the products are suitable for them or not
Description: Here are Ros’ powerpoint slides presented at the ILC_UK Panel Debate on annuities in the House of Lords and sponsored by Legal and General. Ros explains that we have no idea whether annuities re fit for those buying them becasue sellers are not obliged to carry out any know your customer or suitability checks to find out.
Description: Ros puts together alternative wording for a separate directory that would list only those independent advisers who offer whole of market regulated advice for those who want to try to get the best possible personal help at retirement