A £668.5 million deal for Just Retirement and Partnership to merge has been rubber stamped, it has been revealed this morning.

A guaranteed income for life came out top of the most important features in a retirement product consumers were seeking, a survey has found.

New analysis claims to show the “huge risks” facing people who choose to go into drawdown while at the same time investing their fund for growth, following market turmoil.

Partnership chief executive Steve Groves has forecast that the new pension freedoms will eventually be curtailed. Read more...