Retirement

AE a success but ‘more needs to be done’ to help with complex decisions

All schemes will be required to assess value for money for members

Plenty of would-be savers have switched off from pensions

Annuity sales up 38.7% to 80,061 in 2023/24

About 30% of savers took regulated advice before accessing their pot

Annual allowance ‘scheme pays’ – dates for your calendar

Popularity of annuities returned as rates increased

Rachel Reeves could make significant changes to pension rules

Head of retirement says further research and reform needed on AE