The FCA has been collecting data on the retirement income market since April 2015. The data enable the FCA to monitor developments in the market, for example, to gain insights into what action consumers take the first time they access a pension pot.
The FCA started collecting data from all regulated firms that provide retirement income products from 1 April 2018. The data the FCA collected and published for previous periods were drawn from a representative sample of firms. The following analysis focuses on the latest data covering the year from 1 April 2018 to 31 March 2019 (2018/19).