Income

The majority of people in capped drawdown are not taking an income from their pension fund and leaving their estate open to 55% tax charges on death, Skandia has warned.

Friends Life has introduced fee facilitation options across a number of product ranges ahead of the implementation of new remuneration rules brought about by the Retail Distribution Review (RDR).

The Treausry has confirmed occupational pension schemes will not be forced to comply with gender neutrality legislation when providing members with annuities.

Fiona Murphy asks what the increasing move to underwritten annuities will mean for the market

Rates for both conventional and enhanced annuities fell by more than 2% in the last three months, analysis from MGM Advantage shows.

Friends Life has launched Friends Life Investments (FLI), its in-house asset management business with £6bn assets under management.

The Pensions Regulator (TPR) needs to "beef up" its advice to consumers about alternative to traditional annuities, according to Prudential.

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.