Responding to today’s final report of the FCA’s Retirement Outcomes Review, Alistair McQueen, head of savings and retirement at Aviva says:
The FCA has delivered a positive and considered report. They have recognised the public’s support for the freedoms and have demonstrated a wise reluctance to rush to judgement. As the FCA state, 'it is early days and the market is still evolving'.
Consideration of enhanced communication and investment guidance for customers as they approach, enter and progress through retirement is a sensible next step.
Aviva supports the pension freedoms – we believe savers should be trusted with their own money. We will work with the FCA and others to ensure the new freedoms remain positive for customers.
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