Changing demographics of the ageing population combined with a lack of government funding for long-term residential care are fuelling the impaired life insurance market, according to a partner at Clyde & Co.
For the last twelve months, the future for group personal pensions and group stakeholder plans hasn't looked too healthy.
IFAs are the main port of call for those taking out a private pension, according to Unbiased.co.uk.
MetLife Europe has launched a "unique" personal pension product that offers both capital and income guarantees.
Norwich Union has reduced the fund and transfer values on all its conventional with-profits funds by up to 9%, it has been revealed.
Pensioners that receive independent advice on their retirement fare considerably better than those who do not, according to MGM Advantage.
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