Income

Think demand for annuities has dried up? Truth is demand in 2014 has smashed all standing records...

How investment trusts can settle clients' income concerns

As the industry gears up for the introduction of retirement freedoms in April what will people choose? Stephen Lowe goes through recent research into what retirees are looking for.

Prudential has launched a flexible drawdown option to its range of retirement products ahead of pension freedoms which come into force in April next year.

The first day of the PA Online debate has been a close run affair with users split on whether their clients will choose income drawdown or uncrystallised funds pension lump sum (UFPLS).

Interest rates for the new 'pensioner bonds' announced at Budget 2014 have been set at a market-beating 2.8% for the one-year product and 4% for the three-year bond.

Pension providers should ensure all retirees use the open market to buy an annuity at the point of decumulation to ensure they get the most out of their savings, Just Retirement has said.

Aviva has written to advisers outlining its views on the challenges facing Mark Barnett, following a review of how he runs funds previously managed by Neil Woodford.

The chairman of IFA network Sense has called on advisers to come up with a "sensibly priced" at-retirement service, saying the prospect of non-advised drawdown left him "horrified".

Consumers are put off seeking regulated advice because they don't know how to judge its quality, research commissioned by the Financial Conduct Authority (FCA) suggests.