Nigel Orange highlights the urgency of getting in touch with clients to warn them of the impending change in minimum retirement age
Helen Morrissey talks to Mark Stopard about Sun Life Financial of Canada's acquisition of Lincoln Financial and how they will look to develop the variable annuity market
Just Retirement founder Mike Fuller will step down as chief executive in the summer.
Helping retirees to get the best income possible from their small pension pots is proving to be a real challenge for the industry. Helen Morrissey takes a look at the options available
Annuity rates fell by an average of over 1.5% in the latter half of 2009, according to figures from MGM Advantage.
Pensioners who take the open market option (OMO) are around 50 times as likely to benefit from an enhanced annuity as those sticking with their pension provider, ABI figures have revealed.
Enhanced annuity sales fell 7% in the third quarter of 2009, in line with industry expectations.
Less than 3,000 people have taken out an alternatively secured pension (ASP), according to AJ Bell.
An IFA has accused annuity providers of failing to treat customers fairly if they continue to offer the products at well below leading rates.
Former head of marketing at Lincoln Financial, Simon O'Connor, has left the firm following its purchase by Sun Life of Canada.