Retirement

'The case for annuitisation is especially weak right now'

Provider Zurich is reviewing whether to allow legacy retail clients access to its flexible drawdown product on a non-advised basis, in an effort to streamline pension freedom.

People living overseas looking to transfer their UK pensions face having to pay for advice twice under the latest Financial Conduct Authority (FCA) rule update.

Income drawdown may need to be delivered collectively to account for mass market demand, according to Legal & General Investment Management (LGIM).

The Pensions Regulator (TPR) is considering bringing its guidance to trustees of large schemes on communicating new retirement flexibilities in line with Financial Conduct Authority (FCA) rules.

HM Revenue & Customs (HMRC) has updated its list of qualifying recognised oversea pension schemes (QROPS) leaving just a single Australian scheme on its books.

The Financial Conduct Authority (FCA) is writing to all pension providers requesting data on how customers are accessing their retirement pots in the wake of the pension ‘freedoms' rolled out in April.

Post-it note size stuff for IFAs

Scrapping salary sacrifice, rumoured to be part of the 8 July Budget, would do more harm than good but is likely to be high up on the Chancellor's agenda, providers have said.

Longevity assessment specialist MorganAsh plans to operate a 'central annuity bureau' in the second-hand annuity market.