PS17/12: Implementing information prompts in the annuity market

The Financial Conduct Authority issued Policy Statement PS17/12 to mandate the implementation of information prompts within the annuity market. This regulatory change requires firms to adopt specific measures to ensure consumers receive necessary information during the annuity purchasing process. The deadline for firms to implement these required changes was set for 1 March 2018.

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Open consultation: CP16/37 Read more about Open consultation: CP16/37

25/11/2016

Consultation closes

24/02/2017

Policy statement: PS17/12 Read more about Policy statement: PS17/12

26/05/2017

Firms required to implement changes

01/03/2018

01/03/2018