The insurance giant Legal & General (L&G) is meeting with the Financial Services Authority (FSA) next week in an effort to ensure consumers using the watchdog's website are able to obtain real-time annuity quotes, up-to-date rates as well as be able to make a provision for postcode annuities.

Tim Gosden, Legal & General head of annuity product development, told the Financial Times, it was 'slightly worrying' the information provided on the regulator's consumer-facing website moneymadeclear.com was not always up to date.

However, Gosden said that, after this issue was raised, the FSA had recognised the shortcomings of its data and had asked to meet with Legal & General to discuss the issue.

However, the regulator told FT it was confident its tables were up to date and that it updated its website information 'very frequently, almost daily'.

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