Income

The government has delayed the launch of a secondary annuity market amid concerns about consumer protection, it has said in its Budget document out today.

Five key announcements advisers can expect from George Osborne

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

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'The case for annuitisation is especially weak right now'

Provider Zurich is reviewing whether to allow legacy retail clients access to its flexible drawdown product on a non-advised basis, in an effort to streamline pension freedom.

People living overseas looking to transfer their UK pensions face having to pay for advice twice under the latest Financial Conduct Authority (FCA) rule update.

Income drawdown may need to be delivered collectively to account for mass market demand, according to Legal & General Investment Management (LGIM).

HM Revenue & Customs (HMRC) has updated its list of qualifying recognised oversea pension schemes (QROPS) leaving just a single Australian scheme on its books.

The Financial Conduct Authority (FCA) is writing to all pension providers requesting data on how customers are accessing their retirement pots in the wake of the pension ‘freedoms' rolled out in April.