Income

Joint life annuities still have a role to play if we consider "individual circumstances" according to pension experts.

More than 80% of annuity providers think the government should step in to address the unintended negative consequences that the Retail Distribution Review (RDR) will have on people with small pension pots.

Two thirds of pension experts believe the government should consider creating a simple default option for annuity purchases.

Impaired life annuities could offset ‘unfair' rises in state pension age for groups with lower life expectancy, the pension minister has said.

Failure to shop around for an annuity is costing pensioners £124m per year, Key Retirement Solutions claims.

Nine out of ten advisers report clients using income drawdown are worried about their income potentially falling by as much as 55%, a poll has found.

The parent company of enhanced annuity provider Partnership intends to list the business on the stock market.

Partnership expects to complete a medically underwritten bulk annuity deal within the next few weeks in a transaction believed to be the first of its kind.

The industry must automate the decumulation phase of defined contribution schemes, National Association of Pension Funds chief executive Joanne Segars says.

The introduction of Solvency II could see annuity rates, currently at record lows, drop a further 20%, Deloitte has warned.