Annuity re-sale idea will never work, says pensions expert

A pensions expert believes an idea floated by Pensions Minister Steve Webb for the resale of existing annuity contracts will never work. Read more...

Retirement market failing consumers, regulator concludes

The market for retirement income is failing, with many consumers missing out on a higher income by not shopping around, the FCA has concluded. Read more...

Autumn Statement: Annuity death benefits into line with drawdown

A pensions expert has welcomed a move in the Autumn Statement today to bring annuity death benefits into line with drawdown.

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Advisory firm reports big change in pension sale trends

A financial advisory firm has reported lifetime annuity sales only account for 25% of its total business written since the Budget reforms – a fall of 22%.

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