Income

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.

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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...

The government will start to make payments to those Equitable Life policy holders who purchased their policies before 1992 and are still alive, in December.

Today the Autumn Statement confirmed there would be no change to how the income from drawdown would be calculated.

The government will not change the basis on which GAD tables are formulated for income drawdown according to the Autumn Statement.

Fiona Murphy looks at AJ Bell's recent wish-list for pension reform, including calls to scrap flexible drawdown, and asks other industry players for their views.