FCA finds “poor behaviour” in a sample of annuity sales

The Financial Conduct Authority is to order a number of firms to review annuity sales back to 2008 after finding evidence of “concerns” but says its review of non-advised annuity sales found no widespread “systemic” problems.

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Aegon strikes annuity deal with L&G after £9bn sale

Aegon has announced a new annuity partnership with Legal & General, which means it will cease to write new annuities from the last quarter this year.

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EU vote failed to dent Legal and General's retirement sales

Uncertainty surrounding the outcome of the EU referendum in the lead up to the vote failed to dent new retirement sales at Legal and General, as the firm reported strong results today.

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Most advisers to shun annuity re-sales market - trade body

Most advisers will shun the secondary annuities market, a trade body has suggested.

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