FTAdviser latest:Baby boomers unsure how to survive retirement: Axa

The baby boomer generation are not prepared for their financial future and many of them are concerned their finances will not last the duration of their retirement, according to Axa Wealth.

'Oscar-winning' annuity from MGM: Moneyfacts

MGM Advantage's flexible income annuity product has been awarded five stars by Moneyfacts, the first company to receive the rating for a retirement income product.

Variable annuity sales down 9% to £1.05bn

The value of variable annuity sales fell to £1.05bn last year, according to research by consultants Towers Watson.

Retirement planning unpopular with women: Defaqto

Women are failing to plan for their financial futures and should undergo a financial makeover, according to Defaqto.

ABI says more benefitting from options initiative

The Association of British Insurers (ABI) has today (17 March) reported more customers than ever are benefitting from quicker processing times for pensions and annuity changes.

Value of variable annuities drops in 2009

The value of variable annuity sales dropped to £1.1bn in 2009, however the number of policies sold increased marginally during the same period from 14,128 to 14,321, according to research from Towers Watson.

Annuity rates hold firm for second month: Forbes

Annuity rates are entering a brief period of stability, with level annuity rates holding firm for a second month running, according to Tim Whiting of Alexander Forbes Annuity Bureau.

Enhanced annuity 2009 sales hit record figures

Sales of enhanced annuities increased to £1.79bn last year, an increase of 24 per cent on 2008, according to research by consultants Towers Watson.

Prudential revamps flexible lifetime annuity product

Prudential has revamped its flexible lifetime annuity product, cutting the minimum purchase price from £75,000 to £35,000 with no maximum limit, to make it accessible to more customers.

Enhanced annuity sales hit record numbers in 2009

Sales of enhanced annuities hit record levels in 2009, increasing by 24 per cent to £1.8bn compared with £1.4bn in 2008, according to new research from Towers Watson.

Features

Tarred with the same brush

Not all Equitable Life policies are bad, in fact those holding retirement annuity policies and executive pension plans are onto a good thing


Advertising


Product Reviews

Shock of the new

Fixed term annuities


Comments

Eyes wide shut

In just six weeks we will see the biggest shak-eup in pensions since the last big shake-up, which feels like only last week.



FT Adviser Directory

FTAdviser's Directory offers a host of opportunities to improve your business.

Visit now


FTAdviser  Jobs  RSS