A strict code of practice for DC pension scheme trustees now includes at-retirement guidelines. But is it a missed opportunity when it comes to annuities?
Two-thirds of advisers think the annuity system is “failing consumers” which is leading many to consider drawdown as an alternative route for clients, according to Skandia’s latest adviser poll.
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Phoenix clients with low paying annuities can switch out for a cash lump sum under a recently launched pilot project.
Post-retirement life expectancy for men and women is declining, according to analysis of Office for National Statistics (ONS) data, though experts say it is likely a "blip" rather than a longer term trend.
The government's move to cap pension charges ignores annuity contract 'cowboys' who are ripping off retirees, the Telegraph claims.
Advisers present the option of an inflation-linked annuity to clients as standard practice. So why don’t more people choose to protect their income in retirement? Jenna Towler finds out…
Pensions minister Steve Webb plans to cap charges on auto-enrolment pension schemes at 0.75%.
The compulsory use of an annuity broker at retirement could be written into the latest version of the Pensions Bill after Labour tabled an amendment to the legislation.
Retirees could be missing out on a collective £33m a year if they rely on online annuity brokers as many fail to offer the best possible rates, analysis Key Retirement Solutions (KRS) shows.
Annuity and equity release provider Just Retirement is to float on the London Stock Exchange.
The after effects of the Bank of England’s quantitative easing (QE) programme will continue to plague annuity rates for “many generations” to come, according to MGM Advantage.
Enhanced annuity specialist Partnership Assurance is thought to be one of the two companies the Financial Conduct Authority (FCA) is considering taking action against for inducement breaches, according to reports.
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