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Friday, 02 December 2022 13:01

FCA to alert pension savers to cash savings risk

The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.

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The Financial Conduct Authority has said it may launch a probe into annuities following its 'market study' into the £1 trillion UK cash savings market announced today which will look at whether consumers are getting a good deal.
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