Income

Annuity rates are at their lowest level for almost two years, but the proportion of enhanced contracts sold is increasing, according to the latest IRESS At Retirement report.

Adviser insight: Sustainability of retirement income

The true cost of pensions freedom remains misunderstood

Five unintended consequences of pensions freedom

‘Short-term pension freedom decisions will cause long-term problems’

BlackRock has launched its first drawdown offering for pension schemes to capitalise on the Budget freedoms introduced earlier this month.

There has been a sharp rise in demand for financial advice over the past 12 months, according to accountants, who claimed people have become more aware of pensions and inheritance tax planning.

Income levels from standard annuities have fallen to all-time low levels just three weeks after pensions freedom and choice was introduced, according to Moneyfacts research.

Retirement planning firm Intelligent Pensions has launched a pension transfer service for advisers wanting to help their clients transfer out of defined benefit (DB) schemes.

Retirement specialist Just Retirement has partnered with wealth management technology firm GBST to power its new platform for retirement savings to be launched in the coming month.