Income

Nick Elphick asks whether the general public understands what the recent Budget changes mean for them and whether we need a different approach to financial education.

Four out of five investment advisers are concerned that inappropriate products are being rushed to market to take advantage of changes announced in the Budget, research has found.

The average gap between the best and worst annuity rates is almost 35%, according to analysis of official market figures by Hargreaves Lansdown.

Prudential is planning to move into the platform space as part of a drive to diversify its business, the company has told analysts.

Most of our ideas about retirement need to be… retired, writes Brendan Llewellyn

London & Colonial (L&C) has launched an annuity contract with a ‘cash-out' option, which it claims is the first of its kind on the market.

Annuity provider Partnership has signed an investment management agreement with Rothschild to invest £150m in commercial mortgages as it announced a significant fall in annuity sales.

Royal London has launched an annuity shopping around service to assist customers looking to buy a guaranteed income for life at the best rates.

Government plans to offer independent guidance to all retirees do not go far enough because retirement needs are too complex, argues St James's Place (SJP).

Most pensions schemes plan to offer members more help at retirement than is proposed under the government's guidance guarantee, according to a consultant.