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Glitch hits 12,000 L&G annuity customers

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

clock 22 February 2013 •

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MetLife preps bulk annuity arm for sale - reports

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

clock 20 February 2013 •

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Drawdown: what action advisers should take

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.

clock 19 February 2013 •

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FSA annuity review: is the timing and focus right?

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

clock 19 February 2013 •

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Enhanced annuity sales exceed £4bn

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

clock 18 February 2013 •

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Aviva introduces new protection and guarantees on annuities

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

clock 18 February 2013 •

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Partnership set for £1bn flotation - reports

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

clock 18 February 2013 •

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Drawdown dilemmas: advisers share client woes

DRAWDOWN

clock 14 February 2013 • 4 min read

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Just Retirement announces 'record' annuity sales

Just Retirement has announced a ‘record' 64% increase in annuity sales over the past year.

clock 12 February 2013 •

Pensions

Auto-enrolment drives record new business at Scottish Life

Scottish Life has posted record new business results for the 12 months to 31 December, with total life and pensions business valued at £2.4bn.

clock 12 February 2013 •
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