Consumer panel concerned over drawdown proliferation and rush to self-invested pensions.
Drawdown plan available to pension investors for as little as £75 plus Vat.
ABI data reveal gap between the best and worst annuity rates widened to 35 per cent in July.
Investment over the next two years is equivalent to 14 per cent of the UK division’s annual operating profits.
People happier to explain particle physics or the existence of ghosts than income drawdown or annuities.
Aegon latest to report surge in profits on the back of strong performance on its platform.
Analysis & Opinion
The government will make a number of changes to the tax rules to allow providers greater freedom.
Defaqto Retirement Update: changes offer individuals choice and flexibility to meet evolving needs.
Not only was L&G the largest member firm, it was also once one of the association’s most trenchant supporters.
April next year is going to be the beginning of the shake-up of retirement income solutions not the end, says Skandia.
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.
Aug 14, 2014
New flexible open annuity launched in response to the Treasury’s announcement last month.
Aug 14, 2014
Operating profit drops on the back of halved individual annuity sales.
Aug 13, 2014
Firm states that despite recent Budget announcements it still believes annuities are a good option.
Personal Pensions| Aug 06, 2014
Savers will be able to take lump sums from uncrystallised pot if they do not opt for drawdown or annuity.
Aug 06, 2014
Insurance giant to assess lifetime mortgage offer to ensure people have enough money to sufficiently fund retirement.
Aug 05, 2014
Market survey finds year-on-year sales are down 34 per cent.
From Your Industry| Aug 05, 2014
Money set aside for charge cap profit dent, while Scottish independence questions remain unanswered.
Aug 01, 2014
Deal makes Guardian the most acquisitive European closed life insurance consolidator since it was bought in late 2011.