UK retirees could be missing out on up to £56.6m of retirement income each year by not purchasing an enhanced annuity, new research suggests.
The Government should review its "onerous" 82% tax on alternatively secured pensions (ASP), according to AJ Bell.
The "battle" to make the public aware of the Open Market Option (OMO) and its potential benefits is being lost, annuity advice specialists say.
Increasing longevity has a real effect on how much money people put aside for their retirement. Simon O'Connor discusses why good advice is vital for ensuring people make adequate provision
Steve Hunt goes through the different options available to clients at retirement
Adrian Walker discusses the latest developments surrounding taking tax free cash
Fewer pension savers are taking the open market option (OMO) when purchasing a retirement income product, according to the Association of British Insurers (ABI).
Adrian Walker goes through the benefits to be gained by applying for enhanced protection
Aston Goodey looks at the options available to people looking to phase into retirement