Income

Hornbuckle Mitchell has urged the Government to confirm it has shelved its tough stance on Alternatively Secured Pensions (ASP) and no longer considers them a ‘loophole'.

Living Time has warned the Treasury not to use the current economic turmoil as an excuse to drop the promised OMO update from the forthcoming Pre-Budget Report.

Hornbuckle Mitchell (HB) has called on the Government to confirm it has formally dropped its tough stance on the use of an ASP at age 75.

A ‘blanket rule change' of the age limit for annuities will not help solve the real issues affecting UK pensioners, according to MGM Advantage.

Calls to temporarily end forced annuitisation at 75 do not nearly go far enough, according to Skandia.

Skandia has reduced the annual management charge on its single priced income withdrawal pension product by 0.5% for new investors.

MetLife Europe will host a series of webchats and presentations for advisers, building on the launch of its Retirement Portfolio.

Lincoln Financial Group's (LFG) i2Live Annuity and Drawdown products have been added to Thinc's At Retirement product panel.

The Government must act now to prevent the current crisis situation for pensions getting even worse, according to policy adviser Dr Ros Altmann.

Living Time has launched a series of papers for advisers eyeing the growing opportunities in the retirement income market.