The prospect of further quantitiatve easing has put annuity providers on alert, Richard Williams has claimed.
Advisers have a “moral duty” to give pensioners a wide choice of annuity options, Adam Wrench has claimed
Just Retirement reveals annuities sales for the first three months of 2013 were down 26.4 per cent compared with the start of 2012.
Partnership Assurance Group, the specialist provider of impaired annuities, has unveiled plans to go public next month on the London Stock Exchange.
Private equity backer to sell portion of holding as group seeks to list around a quarter of its shares.
Firms says advisers should consider offering clients income drawdown in early retirement years
Analysis & Opinion
With appalling rates and tiny pension pots, securing a retirement income has never been more challenging. Aimee Steen analyses market movements
Profit margins for insurers could be around 20 per cent, which is only sustainable due to product opacity.
More on Annuities
Week in Brief: Headlines were dominated by continued anger at seeming anti-adviser bias at Fos.
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From Your Industry| Apr 25, 2013
Enhanced annuities provider will fund adviser training for Openwork members under the terms of the new agreement.
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Income offered by L&G, Aviva, Partnership and Standard Life may vary even if the commission rate equals the adviser fee, according to MM survey
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Retirement adviser claims minimum standards for inclusion on service not sufficient, cites risk of possible consumer detriment
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Nascent service offering full advice over telephone and online has proven a hit with clients.
Apr 23, 2013
Falling annuity rates quantified to show dramatic plunge since 2009.
Apr 23, 2013
Britain’s largest retailer by sales says tool will make it easier for savers approaching retirement to shop around.
Apr 22, 2013
Annuities specialist says industry is at ‘tipping point’ as conventional annuities hit all-time low.
From Your Industry| Apr 10, 2013
Investment firm says new enhanced annuity service quotes an average 27 per cent increase in consumer’s income.
Apr 09, 2013
Insurer rethinking bar on accommodating adviser charging on annuities following industry changes