We are gathering momentum. Lots of support from life companies (not those who are producing misleading quotes) and a good article in the FT. The issue is that this is complex and people need to take time to understand it. We are responding to the Treasury paper on annuities and we will be making the point in our submission that this must be sorted out if yet another mis-selling scandal is to be avoided.
I do find it irksome that no professional body has picked this up or issued any guidance to their members. At a time when they are hoping to benefit from the RDR perhaps they ought to consider what is the meaning of professional body and the guidance which other bodies provide to members instead of being just peddlars of examinations.
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