A 64 year-old with a £100,000 pension pot and a single-life annuity would now be £303 a year better off than seven weeks ago.
Survey finds 40 per cent of current annuitants believe there is a high risk they could end up worse off by cashing in.
Government renews calls for Equitable Life policyholders to come forward.
Government says 87 per cent of eligible policyholders have now been traced and had a payment issued.
Papers are accredited by the Personal Finance Society, the Institute of Financial Planning and the Pensions Management Institute.
Elsewhere inflation and interest rate news impacts markets on either side of the Atlantic.
Analysis & Opinion
It’s not all been smooth sailing for pension freedoms, with questions now raised over encashment charges.
Certainty is more important for many than the uncertainty of higher-risk drawdown
Pensions have undergone significant change since the 2014 Budget, leaving plenty of room for improvement in tailored professional advice.
Freedoms allow scheme members to nominate more beneficiaries, who can also choose how they take pension benefits
More on Annuities
News Review: Guidance might not be ready for reforms, annuity for cash plans raise concerns.
News Review: Supposed lifeline of secondary market actually compounds poor deal for many.
Jun 19, 2015
Marketing on the products has been stopped.
Jun 19, 2015
“New proposals could create specific additional risks for consumers who have already purchased an annuity.”
Jun 18, 2015
Policymakers face several challenges to satisfy industry of market’s viability.
Interview| Jun 12, 2015
More 2 Life boss is looking at his “greenhouse of ideas” for the at-retirement lending market.
Regulators and others are still recalibrating suitability parameters they have relied on for 20 years.
Personal Pensions| Jun 10, 2015
At-retirement reforms mean that people will have the pension pots to enable them to defer and effectively double their money.
Personal Pensions| Jun 09, 2015
Non-advised design splits money between three risk-graded pots.