More than 85% of retirees will find it difficult to access professional annuity advice because their pension pots are too small, research suggests.
Poor advice from pension companies, and a lack of knowledge among consumers, is having disastrous consequences for those approaching retirement, according to HFM Columbus.
Stephen Hunt goes through the pros and cons of making the open market option compulsory
Tim Gosden assesses how increased underwriting sophistication can benefit customers
Each month, we ask our industry to answer one big question!
Nick Flynn discusses how recent underwriting innovations have affected the annuity industry
Living Time has announced it will allow customers to invest Protected Rights pension cash in its fixed-term annuities.
Many of those approaching retirement are putting off buying an annuity while they wait for an end to current stock market volatility, experts say.
Scottish Life has launched an annual review of Income Release options to help IFAs advise clients nearing retirement.
Life Trust Insurance has launched a modelling tool to help advisers calculate projected income drawdown streams for their clients.