Annuities market in spotlight as FSA looks to give pensioners a better deal

Britain's insurers face losing up to £500 million a year after regulators
launched an investigation into failings in the fast-growing annuities market.


The Financial Services Authority is to examine how to reform the market, worth
£11 billion a year, to make it work better for customers.


About half a million people buy annuities each year as they [...]
Source:
http://www.ezonearticle.com/2013/01/31/annuities-market-in-spotlight-as-fsa-looks-to-give-pensioners-a-better-deal/