Income

The consumer group which monitors financial services for the Financial Conduct Authority (FCA) has called for a review of the growing direct to consumer annuity market.

Partnership Assurance is to float on the London Stock Exchange.

Providers should "show solidarity with advisers" rather than offer non-advised companies cheap deals on annuities, according to one Cheshire-based annuities specialist.

A pensioner who built up a pot worth almost £50,000 in a Virgin Money stakeholder pension has been left with just £15,000 after failing to buy an annuity before he turned 75.

In this annuity-themed quick fire poll we ask: Should the Open Market Option be mandatory for all annuitants?

Splitting a pension pot by blending annuities could increase retirement income by around £2,175, according to research from LV=.

A parliamentary select committee has called for government and regulators to make the Open Market Option ‘mandatory' at annuity purchase.

Pension providers who automatically increase clients' drawdown income to 120% GAD could push clients into a higher tax bracket warns Hornbuckle Mitchell.

Pension transfers have seen a 42% rise year on year, according to Origo.

Legal & General (L&G) has signed its first annuity reinsurance deal outside the UK in a €136m contract with New Ireland Assurance.