One page ‘pension passport’ also called for to replace wake-up packs.
Insurer also urges government to let employers offer guidance prior to retirement.
Group commits to £5m of development spending ahead of the new pensions regime.
Retirement income provider warns lessons learned about volatility in financial markets have been forgotten.
Research also finds that small pension pots have suffered the worst decline in offered annuity since Budget.
Those aged over 55 the most likely to shrug off Budget at-retirement reforms, while younger savers more unaware.
Analysis & Opinion
When it comes to GARs and the window of opportunity offered clients, life companies should follow contractual agreements closely
Melanie Tringham talks to Steve Groves, chief executive of Partnership Assurance, about how the pensions liberation Budget announcement might have...
April 2015 is a “very challenging timescale” but some things will be ready for then.
Advertorial: Scottish Life’s Fiona Tait outlines some of the planning opportunities ahead of radical pension changes.
More on Annuities
Retirement has all of a sudden become hot news.
Week in Brief: Guidance guarantee for pensioners under the spotlight while advisers demand clarity on trail.
Week in Brief: Further turmoil as FCA plots probe into 30m policies in wake of charge cap and Budget revolution.
Sep 11, 2014
Sales of income drawdown contracts are up, but with a smaller average pot size than before.
Sep 11, 2014
Average annuity income fell 2.6 per cent during August, as experts cite provider response to Budget changes.
From Mortgages| Sep 08, 2014
Budget reforms open up new market opportunities for equity release, according to enhanced mortgage firm.
From Your Industry| Sep 08, 2014
First half losses blamed on reduced enhanced annuity margins and increased sales of fixed income annuities.
Sep 04, 2014
Those providing the ‘guidance guarantee’ would need only five year’s pension experience.
Personal Pensions| Sep 01, 2014
Consumer panel concerned over drawdown proliferation and rush to self-invested pensions.
Aug 28, 2014
The government will make a number of changes to the tax rules to allow providers greater freedom.