Nearly one third (32%) of public sector workers are considering returning to work post retirement due to financial concerns according to research from Teachers Assurance.
Almost two in five consumers do not know what an annuity is, according to research from adviser website Unbiased.
The Association of British Insurers (ABI) has defended its Annuity Window after "media scrutiny" and made changes to it following industry feedback.
Retirement planning needn't only include pensions. Neil Jones looks at the alternatives
Annuity rates would have to improve by at least 6% from today's rates to make any delay in purchasing a retirement income worthwhile, says a new report.
A third of Brits believe 'Generation Y' - young adults aged between 18 and 31 - will struggle the most to save for retirement.
The enhanced annuity specialist Partnership has appointed former Tesco Bank compliance director Joanne Evans as its new director of compliance.
Underwriting will become the "norm rather than the exception" in annuity business in the future, potentially creating a more varied pensions market, Prudential's head of business development has claimed.