Income

Q. How have you seen people change their retirement planning strategies to weather the storm of current economic turbulence?

Growth of the annuity market - Over the next five years, the ‘at retirement market' is predicted to grow to £23.1 billion, so it is hardly surprising that so many retirement products such as variable and fixed term annuities have launched into the annuity...

Just Retirement sales jumped 16.4% in the first quarter of its financial year, helped by a spike in equity release business.

Income drawdown should not only be the preserve of the wealthy, according to Rockingham Retirement.

A computer error led to 7,000 Aegon income drawdown customers receiving overpayments.

Just 10% of IFAs advising on annuities have specialist qualifications, according to research from the Annuity Clearing House (ACH).

Most employees expect to delay their retirement as a result of the recession, Aon Consulting research suggests.

Sun Life's buyout of Lincoln's UK business is expected to be complete by next week.

Phoenix Life has this week proposed a new scheme to allow policyholders to boost their fund values in exchange for guaranteed pension rates.

An industry initiative to raise awareness of the open market option and decumulation choices has been formally named as the Pensions Income Choice Association (PICA).