Income

Will annuities go the way of the dinosaur?

Pensions expert Ros Altmann has called for retirees to have access to "specialist basic advice", not unregulated guidance, as several of the pension changes announced at Budget 2014 come into force.

Legal & General, one of the country's largest annuity providers, has said it expects to see revenues from annuity products fall by three quarters by the end of 2015 following a sweeping reform of the sector.

Off to see the wizard: Dennis Hall says Osborne's pension revolution is smoke and mirrors

It's our round-up of the stories your clients may have read in the national newspapers over the weekend

Labour has backed the Chancellor's move to radically overhaul the pension system, which will give retirees freedom to do what they want with their money at age 55.

Retirement Planner editor Helen Morrissey talks to Aviva's head of platform proposition Phil Ralli about income drawdown and the platform market.

Annuity provider Partnership has extended its annuity guarantee and cooling-off periods in response to Wednesday's Budget, which announced sweeping reforms for the annuity market.

The Institute of Financial Planning (IFP) has warned the Chancellor's right to advice at retirement promise, announced in the Budget, could inadvertently spark a wave of mis-selling.

Andrew Tully discusses income drawdown exit strategies