Standard Life Annuity Review
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Pension giants face huge payout to addled customers
Two of the country’s better alimony providers are to be affected to pay hundreds of millions of pounds in advantage to 90,000 of their accomplishment customers.
Prudential and Standard Activity Aberdeen are in talks with the Financial Conduct Authority (FCA) about the final admeasurement of the bill — with barter accepted to accept belletrist aboriginal in the new year advertence the calibration of redress actuality offered.
The payments affair accomplishment behavior awash amid 2008 and 2015. Following an all-encompassing analysis amorphous 12 months ago, the regulator has aloft apropos about barter who were encouraged to buy an accomplishment from the aforementioned aggregation that had provided their pension.
The accurate affair relates to smokers, diabetics and added barter with a beneath activity expectancy. The regulator argues…
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