Income

Changes to regulations around income drawdown could result in women soon being able to take a 40% larger income from their plan, according to one provider.

MPs may be forced to debate a controversial plan to halt age-related tax allowances - a move dubbed a ‘granny tax' - after an online petition opposing it garnered almost 100,000 signatures.

About 12,000 pensioners who hold annuities with Legal & General (L&G) have been left without their regular payouts after a technical blunder.

MetLife is gearing up to sell its bulk annuity arm in a deal worth hundreds of millions of pounds, according to Sky News.

The new drawdown rules will undoubtedly bring much needed relief to many pensioners. Now that the detail has emerged regarding how these changes are to be implemented, advisers can start planning what action is needed says Adrian Walker.

Fiona Murphy looks at the implications of an FSA review on shopping around for the annuity market

UK enhanced annuity sales reached £4.48bn in 2012, an increase of 49% from the previous year, according to research from a pension consultant.

Aviva is extending guarantees and offering an increased value protection period on annuities.

Enhanced annuity provider Partnership Assurance is set to be floated on the stock exchange in a £1bn listing, according to the Sunday Times.

DRAWDOWN