UPDATE 1-Aviva rules out "significant" action following UK annuity review



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Oct 18 Insurer Aviva said on Tuesday it did not expect to take "significant" action after Britain's regulator said some firms needed to review their sales of annuities to ensure people got the right deal.
Rival Standard Life said on Monday it had been asked by the Financial Conduct Authority to look again at its sales after the regulator conducted an industry-wide review of sales practices.
The FCA carried out the review because it was concerned that people in ill health may not have been told about so-called enhanced... read more

 
18 October 2016 in World News, Views: 33
Source: Reuters
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