Stephen Lowe takes a look at the enhanced annuity market and explains why 2013 will be an important year
Symponia is calling for life offices who sold pre-funded long-term care plans to help families of policyholders track down forgotten or unknown policies.
Solvency II could have ‘huge implications' for annuity customers with rates likely to fall by up to 20% if insurers are forced to hold greater reserves, Deloitte warns.
The ABI has called for a national awareness campaign on the public's right to social care once the Care and Support Bill is published in the spring.
Andrea Rozario, director general of The Equity Release Council, has chosen to step down from her role at the end of February to pursue new challenges.
Drawdown customers and their advisers must be aware that despite the 20% uplift being restored, their pension might not increase for a year, Skandia warns.
Government must make the growing numbers of unemployed over-50s ‘a priority' as the state pension age rises, according to Age UK.
Financial advisers will be ‘centre stage' in the future long-term care system, according to the minister for care and support.
Nearly one in five of those planning to retire this year will have debts averaging £31,200, according to Prudential.
More 2 Life has seen its market share of lump sum business through advisers more than quadruple in two years.