Income

        RP poll: Should we be allowed to unwind annuities?

        Retirement Planner | 22 Oct 2014 | 16:58

        In this week’s quick fire RP poll we asked: Do you agree with Steve Webb's proposal that those who have purchased annuities should have the opportunity to unwind them for a capital sum?

        survey
        spend-money-budgets-waters1014

        Will the masses be hooked on non-advised drawdown?

        Income drawdown looks set to grow rapidly as a result of Budget freedoms. Jenna Towler takes a look at the issues for those navigating this area without an adviser.

        Retirement Planner | 22 Oct 2014 | 15:08
        advice2

        A race against time: Dealing with retirement change

        Do advisers think the industry will be ready in time to deal with incoming Budget flexibilities? Helen Morrissey finds out in the latest Retirement Planner Inquiry.

        Retirement Planner | 22 Oct 2014 | 14:51

    Other Income articles

      webb-steve

      Unfinished business - Webb’s vision for pension reform

      With just months to go before the general election pensions minister Steve Webb shows no sign of slowing down. Helen Morrissey spoke to him about his plans for the future.

      Retirement Planner | 22 Oct 2014 | 14:43
      Photo of Professional Pensions editor Helen Morrissey

      Webb has annuities in his sights

      The outcome of the next general election looks way too close to call and speculation is mounting about how long Steve Webb will remain as pensions minister.

      Retirement Planner | 22 Oct 2014 | 14:41
      complaints66

      FOS reports rise in annuity and income drawdown complaints

      Complaints to the Financial Ombudsman Service (FOS) about annuities and income drawdown products have seen an uptick the since the March Budget, new figures have shown.

      Professional Adviser | 21 Oct 2014 | 07:30
      webb-steve

      Webb puts annuity reform on top of post-election wish list

      Pensions minister Steve Webb has put annuity reform at the top of his wish list should he remain in post after the election.

      Retirement Planner | 16 Oct 2014 | 18:24
      steve-groves-2014

      Pension freedoms see Partnership sales take 70% hit

      Sales at annuity provider Partnership were down more than 70% over the past three months of trading, the firm has said.

      Professional Adviser | 16 Oct 2014 | 11:02
      david-hughes

      Will the drawdown revolution hike advisers’ admin burden?

      The predicted drawdown explosion post-April 2016 is an “excellent opportunity” for advisers, writes David Hughes, but can it be done without administration overload?

      Professional Adviser | 15 Oct 2014 | 13:18
      pension-file

      Old Mutual Wealth scraps drawdown fee and minimum investment charge

      Old Mutual Wealth is removing the annual pension drawdown fee and scrapping the current minimum charge on its platform in order to simplify its charging structure.

      Professional Adviser | 09 Oct 2014 | 11:08
      widow

      Scottish Widows launches dedicated post-Budget pensions options site

      Scottish Widows has launched a website dedicated to helping people understand their retirement options post-April 2015 in light of the Budget changes.

      Professional Adviser | 09 Oct 2014 | 07:00
      snowdon-margaret

      Pension transfers taking 'twice as long' due to fraud fears

      Members could be losing money because administrators are taking longer to process defined benefit (DB) pension scheme transfers, according to experts.

      Professional Adviser | 07 Oct 2014 | 11:21
      widow

      Auto-enrolment savers want employers to ‘offer full financial advice’

      A third of employees think firms which offer a pension scheme should also offer access to full financial advice in the workplace, research from Scottish Widows suggests.

      Professional Adviser | 02 Oct 2014 | 15:22
      austin-broad

      ‘An accident waiting to happen’: Why drawdown retirees need more than guidance

      Is the guidance guarantee enough when it comes to drawdown? Austin Broad thinks not…

      Professional Adviser | 02 Oct 2014 | 10:41
      vahey-rachel

      Blog: ‘Put simply drawdown is not the right solution for everyone’

      George Osborne’s latest pensions taxation policy equates to ‘a mighty big shove into drawdown’, writes Rachel Vahey…

      Professional Adviser | 01 Oct 2014 | 10:32
      George Osborne delivers budget in 2014

      Annuities dealt another blow by Osborne’s pension ‘death tax’ cut

      The Chancellor’s pension revolution continued as he scrapped the 55% ‘death tax’ at the Tory Party conference, handing drawdown another advantage over annuities. Jenna Towler gauges industry reaction…

      Professional Adviser | 29 Sep 2014 | 15:33
      alan-higham

      One in eight over-50s targeted by liberation fraudsters

      One in eight people aged over 50 has been approached by fraudsters offering early access to their pension pot, according to research from Fidelity Worldwide Investment.

      Professional Adviser | 29 Sep 2014 | 13:32
      cracknell-michelle-tpas

      TPAS issues pension scam warning as fraud activity increases

      The fallout for victims of pension scams will be greater than expected due to under reporting, according to the Pensions Advisory Service (TPAS).

      Professional Adviser | 25 Sep 2014 | 08:01
      tully-andrew

      Govt should stump up cash for guidance guarantee’s first year – MGM Advantage

      The government should pay for the guidance guarantee’s first year of operation instead of charging the industry through a levy, according to MGM Advantage.

      Professional Adviser | 22 Sep 2014 | 10:40
      mcphail-tom-hargreaves-lansdown-new

      Pensions passport must replace wake-up packs - Hargreaves

      Wake-up packs for people approaching retirement should be scrapped in favour of a simple pensions passport to help make it easier to shop around, Hargreaves Lansdown has said.

      Professional Adviser | 22 Sep 2014 | 10:18

Markets

Job of the week

Poll

    Do you agree with Steve Webb's proposal that those who have purchased annuities should have the opportunity to unwind them for a capital sum?