Income

Aspire to retire has signed up to provide the 400+ members of the FINANCIAL network with a non-advised annuity service.

LV= has confirmed it has gone live today on quoting income drawdown business at 120% of GAD.

Annuity specialist MGM Advantage, a mutual society, has been sold to private equity firm TDR Capital.

Network Intrinsic has questioned whether the stigma surrounding with-profits funds may be forcing clients into unsuitable products when they come to fund their retirement.

In this week's quick fire poll we ask: Do you think the ABI code should 'go further' to protect consumers?

The Pension Income Choice Association's (PICA's) adviser directory for retirement clients will list IFAs, restricted advice firms and bank advisers, it has confirmed.

The mandatory code of conduct on retirement choices for all Association of British Insurers (ABI) members, set to be enforced from 1 March, must go further to better help consumers, annuity campaigners have said.

Annuity Direct has warned the Association of British of Insurers' (ABI) code of conduct on annuity purchase will not be ‘strong enough' to protect consumers or encourage shopping around.

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.