Income

Fewer people are saving long term as covering current costs gets harder, according to AXA's Big Money Index 2012.

Primetime Retirement has partnered with the Avelo Exchange portal in a bid to expand the distribution of its fixed term annuity offering.

Older people are struggling to access financial services because products and industry do not connect with them, suggests research.

FIVE THINGS

James Hay Partnership has confirmed it is making a concerted push into the small self-administered scheme market with the appointment of Holly Watts as head of SSAS new business development.

AUTO-IGNORANCE

Aviva is to axe four products to new business, including its Aviva self-invested personal pension (SIPP), blaming duplication in the product range for the move.

The Annuity Bureau has launched an online tool to give retirees quick access to the best annuity quotes.

People are increasingly turning to friends and family rather than advisers for pensions advice, according to research released today.

AJ Bell is stepping up its income drawdown lobbying activities by urging clients and advisers to write to their MP.