Advisers are split as to what impact the ‘guidance guarantee’ will have on their business.
‘Money worth ratio’ does not suggest an “excessive mark up by providers”, research finds.
Paperless system simplifies the application process for advisers and clients.
Providers herald levelling of playing field in tax legislation between annuities and drawdown.
Provider will continue to offer annuities to existing personal pension members.
Insurer predicts more market entries and innovation in the guaranteed income fund space.
Analysis & Opinion
April next year is going to be the beginning of the shake-up of retirement income solutions not the end, says Skandia.
Changes in the UK’s pension system are a mirror image of the scenario Down Under
Shareholders were right to wipe 55 per cent off the value of the likes of Partnership following sweeping changes to the way savers will take an...
When Phileas Fogg and Passepartout took their 80-day tour of the globe, it is unlikely that between catching trains, taxis and steamers, they took...
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.
Jul 02, 2014
Treasury confirms eligibility for the Equitable Life Payment Scheme after more than 400,000 policies were supplied without contact addresses.
Personal Pensions| Jun 27, 2014
Research shows a similar proportion of Brits as Australians will use their pension savings to buy a car after UK pension rules change in 2015.
Jun 27, 2014
Annuity rates have started bouncing back from the announcements in the Budget on 19 March this year, with data showing an increase in rates over June.
Interview| Jun 25, 2014
What’s in a name? A 70% increase in brand awareness, according to LV=
Personal Pensions| Jun 24, 2014
Advertorial: We are seeing a general change in the way individuals view financing their retirement.
Pensions| Jun 24, 2014
Friends Life research shows that only 25 per cent would consider taking 50 per cent or more of pot in cash.
Jun 23, 2014
Annuity provider adds care funding reports to online intermediary hub.
Jun 23, 2014
Lower levels of individual annuity sales force provider to target capital elsewhere.