5m to be allowed to sell their annuities from April 2017

Economic Secretary to the Treasury Harriett Baldwin announced today that more than five million people will be able to sell their annuity from 6 April 2017.

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£2.5bn taken out of pension pots but 'one serious cause for concern'

Almost £2.5billion worth of payments have been made to savers in the first three months since the new pension freedoms came in, the Association of British Insurers has reported. Read more...

62% annuity sales slump fails to stop L&G profit rise

A 62% slump in annuity sales failed to stop Legal and General Group posting an increased operating profit for the first half of 2015. Read more...

Annuity sales blamed for Standard Life's profit drop

Standard Life has blamed falling annuity sales for a £24m drop in UK operating profit for the first half of 2015. Read more...

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