There is a wide market for annuity rates with many providers. Not all of them offer competitive rates all the time though.
Pushing the shopping around message to retirees does not go far enough and the industry should work together to highlight the need for advice, according to website Unbiased.
The Association of British Insurers has launched the Annuity Window to help retiring pension investors get the best deal from their retirement income.
Today insurance giants who condemn savers to a life sentence of rip-off pension payouts by depriving them of thousands of pounds of income have been named and shamed - by their own industry body.
Neil MacGillivray discusses the future prospects for flexible drawdown
The Treasury is to launch an advertising campaign promoting the Equitable Life compensation scheme after a damning report said its performance had been "unacceptably poor".
Billy Burrows is to join non-advised annuity broking business Annuity Line as head of business development.
The amount of people planning to sell their property to fund their retirement has risen by 4%, according to research commissioned by Baring Asset Management, making it the highest number since 2009.