Legal & General is to offer advisers and their clients access to a will-writing service provided by probate brokers Final Duties.

Between 55% and 65% of people due to retire may have conditions that qualify them for enhanced or impaired life annuities, research from Just Retirement says.

A fifth of clients who have not seen an IFA in five years blamed trust issues.

IFAs are under-equipped to benefit from a looming explosion of interest in long term care products, says a market specialist.

Projected annuity incomes have fallen again over the past four weeks due to flagging equity markets.

Paradigm Pensions is working with benefits software provider Staffcare to create a web-based benefits package for employees and employers, available only through IFAs.

GAD rates, used to calculate the maximum investors can drawdown from their pension each year, were unchanged for October at 3.50%.

Advisers are set to turn their backs on conventional annuities and recommend asset-backed alternatives as annuity rate crashes continue to plague retirees.

Resolution confirmed it has acquired the Axa UK Life business, including its protection, corporate benefits and annuities arms.

Policy adviser Ros Altmann is set to join the Saga Group in the newly-created role of director general at the start of October.