Income

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.

People are ‘waking up' to the reality of living longer and the effect it might have on their retirement income, research suggests.

ANNUITIES

Skandia has seen a rapid rise in the number of advisers writing flexible drawdown business on its pension platform, with figures up 200% in the past 12 months.

Women expect to receive an average of £3,000 less in joint retirement income than men, according to research from Prudential.

Defined ambition proposals could open the door to more flexible drawdown as master trusts provide both accumulation and decumulation vehicles, The Pensions Regulator says.

Alan Higham considers the potential alternatives to annuities in a retirement income strategy