Income

Helen Morrissey talks to Hargreaves Lansdown's head of pensions Tom McPhail about the challenges facing the retirement income market and how the Pensions Income Choice Association is trying to meet them.

Otto Thoresen's recent letter to The Sunday Telegraph shows an industry that is ready for change. All of the recommendations put forward seem sensible and will go a long way towards helping people get more from their retirement income.

Steve Lewis looks at the key issues advisers need to consider when advising clients on retirement income.

What Australia can teach us about trusting the public with pensions

The Budget ushered in massive changes in the retirement income space. Helen Morrissey asks what this means for the industry.

An exclusive plain-English print-out guide to give to clients

Yesterday's Budget effectively removed the requirement to ever purchase an annuity, causing shares in listed providers to drop over 50%, but is there value in the sector after such a monumental sell-off?

Yesterday's Budget announced the end of the requirement to purchase an annuity, but it is not the end for the products themselves, says Fidelity Worldwide Investment's Ed Dymott.

Many providers have welcomed the extra flexibility brought by George Osborne's raft of retirement income reforms but the majority have cautioned about giving savers too much, too soon.

Today's Budget pension reforms will not irreparably damage the annuity market says Just Retirement's customer insight director, Stephen Lowe.