Pension Rip-Off

Pension Rip-Off

Insurers did mis-sell annuities.

 

  • Until recently, most people bought so-called annuities when they retired
  • But insurers have been cheating loyal customers out of vital income
  • FCA confirms thousands of customers were given the wrong deals
  • Anyone in poor health should have received a boost to their annual payout
  • But statistics showed very few did

 

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