Income

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).

MetLife has appointed a former Hartford sales director to drive its growth plans in the UK IFA market.

Housing wealth could play a greater role in supporting retirement in the future, the Pensions Policy Institute says.

A recent industry roundtable chaired by Retirement Planner's editor Helen Morrissey looked at the issues currently facing the retirement market and how the industry is meeting these challenges.

The vast majority of advisers are concerned people are saving "too little too late" for their retirement, research suggests.