90,000 annuity holders in line for compensation after FCA probe
Around 90,000 retirement annuity holders could be in line for compensation after the City watchdog found evidence of poor behaviour in the way the deals were sold.
The Financial Conduct Authority (FCA) has been probing non-advised sales of annuities - and raised concerns that the way these deals were sold could have caused some customers to buy a standard annuity when they could have been eligible for a product with a better rate.
Those receiving compensation may get around £120 to £240 per year and around 90,000 customers could be affected, the watchdog has estimated.
Annuities give... read more
14 October 2016 in
Regional East,
Views: 20
Source: Belper News
Realtime News
- 08:46 Club relaunch hopes to curb village woes
- 08:39 Driver of car that overturned on the M6 arrested for suspected...
- 08:37 Cornelly United: Games to go ahead 'for our injured lads'
- 08:35 Scotch whisky is our liquid ambassador
- 08:35 Food blog: Brodie Williams
- 08:35 Treatise on cow-pox put physician John Ring’s career at stake
- 08:35 Desert Island Chef: Paul Newman of Thyme at Errichel
- 08:35 The Fisherman’s Tavern, Broughty Ferry (37/50)
- 08:35 More than 60 people helped Northampton woman when dog Bertie went...
- 08:35 Food blog: Kat Riach
- 08:35 Keeping the social side of cycling in motion
- 08:35 A den and a ditty, close to the city
- 08:33 Chelsea boss Antonio Conte aims fresh dig at Manchester United...
- 08:28 Arsene Wenger: Arsenal chief could join Everton this summer
- 08:28 Driver of car that overturned on the M6 arrested for suspected...
- 08:28 Sheffield DJ speaks out over suicidal feelings before undergoing...
- 08:27 Donald Trump’s long-awaited visit to UK could happen this July
- 08:25 Driver of car that overturned on the M6 arrested for suspected...
- 08:23 Protest being organised over the Ashington Hole
- 08:23 Tea party for guide dogs charity in Skegness
- 08:21 The ultimate INSIDER guide to New York: From sensational...
- 08:19 Driver of car that overturned on the M6 arrested for suspected...
- 08:19 Delays after van fire on the M6
- 08:19 Pupils’ special lesson from global business
- 08:17 Three abandoned fox cubs adopted by farmer's dog
- 08:16 Protest being organised over the Ashington Hole
- 08:13 FARMING MATTERS: Lambing in full flow with lots of singles
- 08:12 Women lead the way in Cumbria - county authority votes in all...
- 08:09 Pierre-Emerick Aubameyang sends tribute to departing Arsenal...
- 08:04 These 10 artists prove autism is no barrier to creativity
« | ‹ | › | » | |||
Mo | Tu | We | Th | Fr | Sa | Su |
1 | ||||||
2 | 3 | 4 | 5 | 6 | 7 | 8 |
9 | 10 | 11 | 12 | 13 | 14 | 15 |
16 | 17 | 18 | 19 | 20 | 21 | 22 |
23 | 24 | 25 | 26 | 27 | 28 | 29 |
30 |