New pension freedom campaign seeks to end annuity ‘injustice’

A new campaign has been launched which aims to end the “injustice” suffered by 5m retirees stuck in the “annuity trap.”

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Most pension savers want ‘annuity-style’ income - survey


New research from wealth management and Financial Planning group Tilney has revealed that most people remain in the dark about what to do with their pensions on retirement but most still want the ‘certainty’ of an annuity-style income.

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New rules on switching annuity provider kick in

Firms must inform consumers how much they could gain from shopping around and switching provider before they buy an annuity, under new rules which take effect today.

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Pension freedom users fear running out of cash

Nearly half the pension savers who have used pension freedoms to access their pension pot fear running out of cash in retirement, according to new research.

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