A Conservative MP has warned annuities could become the next financial services mis-selling scandal without an urgent and radical overhaul.
Vanessa Owen looks at the effect inflation can have on a retirement income
Equity Advice LLP has launched The Later Life Academy dedicated to supporting advisers in the at-retirement market.
Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.
People born in the 1960s and 1970s are likely to become the first generation since World War II who will be worse off than their parents in retirement, a new study has warned.
January will see gilt yields rise to 3.25%, up from 3%, meaning the maximum drawdown limit will rise in the New Year.
In this week's Retirement Planner quick fire poll we ask: Do we need the FCA to introduce a code of conduct for non-advised annuity sales?
Defaqto has warned that advisers relying on the 120% capped drawdown limit could be jeopardising their clients' safe retirement.
The survival of commission and lax regulation are fuelling a "significant shift" to non-advice in the mass market for annuities, at the expense of professional advice, transparency and healthy consumer outcomes, according to the Financial Services Consumer...