BRIEF-Partnership Assurance Group responds to FCA announcement on life insurance

March 28 Fri Mar 28, 2014 12:24pm EDT

March 28 (Reuters) - Partnership Assurance Group Plc

* Partnership Assurance Group Plc clarification on FCA announcement

* For completeness partnership currently expects annuities to be excluded from scope of FCA's enquiries and stresses

* Partnership is committed to providing customers with better outcomes in retirement and treating our customers fairly.

* Notes today's financial conduct authority (FCA) announcement and in particular that terms of reference for its proposed inquiry have

* Stresses that very few of its policies written before year 2000 remain in force Source text for Eikon: Further company coverage: