Income

The Financial Conduct Authority (FCA) has made it a requirement for firms to rank their annuity products against their peers and simplify the information they give to consumers in the form of wake-up packs.

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Playing catch up to gain pension freedom

The government does not intend to permit those wishing to cash in their annuities to sell them back to their existing provider, it has announced.

The government is considering making regulated financial advice a requirement for people looking to sell their annuity contracts, Budget documents reveal.

Chancellor George Osborne has confirmed retirees will be allowed to sell their annuity contracts for cash from April 2016 without facing "punitive tax charges".

The Association of British Insurers (ABI) has launched a campaign to help customers understand their choices in retirement following the government's pension reforms.

Professional Adviser's weekly heads-up on what your clients may have read in the national newspapers at the weekend...

Chancellor George Osborne will further relax pension rules in his Budget on Wednesday to allow the sale of annuity contracts.