The GAD drawdown yield for August has been set 2.75%, up a quarter of a per cent on July, meaning drawdown pensioners can increase the amount of income they can take from their pot.
Annuity rates continued to rise in the second quarter, with a bump of 2.4%, however, this compares with a 15% fall in the past three years, according to numbers from MGM Advantage.
Closed-life consolidator Phoenix Group Holdings has confirmed it is in initial talks with Swiss Re's Admin Re Business Unit over a potential merger.
Fiona Murphy goes through the results of this month's Inquiry and asks advisers how income drawdown is developing
Problem debt is on the increase among older clients. Fiona Murphy asks: What are the most common types of debt and how could this be mitigated in the advice process?
Vince Smith-Hughes looks at the tax benefits of using income drawdown
In April The Annuity Exchange was chosen to build and run the Pension Income Choice Association's (PICA) adviser directory. Helen Morrissey speaks to chairman Stuart Bayliss about the project and how it will help people choose a more appropriate retirement...
LV= has developed a tool for advisers that helps them compare the suitability of fixed-term annuities against lifetime annuities.
Scottish Widows has launched an enhanced annuity as part of plans to increase its share of the wider annuity market by 10% over the next three years.
Scottish Widows is launching an enhanced annuity product.