Income

How can we provide more access to income drawdown?

This year has been a massive game changer in retirement planning. George Osborne's Budget unlocked a whole raft of flexibility that will affect how people view their retirement savings.

Negative headlines about annuity sales next April could lead to a "tragedy" of retirees refusing to buy them, according to The Pensions Advisory Service (TPAS) CEO Michelle Cracknell.

In this week's RP quick-fire poll we ask: Are annuity death tax changes a job half done?

The Financial Conduct Authority (FCA) is to look into the non-advised sale of income drawdown products amid concerns consumers could be left vulnerable in the new pensions environment.

About 700,000 people reaching state pension age over the next ten to 15 years are at "high risk" of making poor decisions when accessing their retirement income, according to a Pensions Policy Institute (PPI) report.

Henry Tapper explains why Labour is right to threaten a cap on drawdown fees

Dafties will be dafties, but we must trust retirees

Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to "rip off charges".

Sales of drawdown contracts have more than doubled compared to the third quarter of last year while annuity purchases continue to fall, according to latest Association of British Insurers (ABI) statistics.