Annuity quotes surge 60% in a year

One of the UK’s major annuity comparison services has reported a 60% surge in adviser annuity quotes in 2023 compared to 2022.

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FCA fines Lloyds Bank insurance arm nearly £91m

 

The Financial Conduct Authority has today fined Lloyds Banking Group’s general insurance arm nearly £91m for false promises on renewal premiums over an eight year period.

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