Over 55s are enjoying £150 a month extra income compared to last year as a result of the economic recovery, Aviva's Real Retirement Report has found.
Legal & General (L&G) saw its individual annuity sales drop 40% in the first quarter of the year, with sales down from £406m in 2013 to £244m.
Pensions minister Steve Webb has been confirmed as keynote speaker for the Retirement Planner Forum.
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The Financial Services Consumer Panel (FSCP) has urged schemes to develop in-house income drawdown propositions rather than forcing members into the retail market.
Compulsory regulated pensions advice is not required for one segment of the retirement population, and would be too pricey for another, pensions minister Steve Webb said on Wednesday.
Almost everyone in the UK will fall short of their expectations of a financially secure retirement unless they take drastic action to adjust there savings, a wide reaching survey suggests.
Aegon has launched a non-advised digital service to help people better prepare for retirement by seeing the need for regular savings.
Annuity provider MGM Advantage has announced 80 redundancies as a result of the significant pension changes announced in the Budget.