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Catch up with the latest press releases from LV=

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LV= response to the FCA announcement on shopping around for an annuity

Press release: 25/11/2016

Philip Brown, Head of Policy, LV= Life and Pensions said: “Today’s announcement from the FCA that an “annuity comparator” be established in order to encourage shopping around is very welcome. We have long argued that people should be encouraged to shop around at retirement and seek regulated financial advice to make sure they get the most from their money. It is both unfortunate and disappointing that consumer switching has decreased since the introduction of the pension freedoms and this initiative from the FCA should go some way to reversing this trend.”