Retirement

JOBS

Average annuity rates have undergone the first recorded quarterly increase in two years, according to research.

Just Retirement annuity sales reached £800 million for the first time in the six month period ending 31 December 2012.

Legal & General (L&G) has exited the with-profits annuity market.

James Hay Partnership has joined forces with specialist wealth management firm Berry Asset Management to offer a self-invested personal pension to advisers.

LV= retirement and protection businesses both achieved 15% growth in 2012 according to its latest results.

Half of 25-34-year-olds plan to increase the amount they save into a pension this year, according to research from the National Association of Pension Funds.

FIVE THINGS

In this Retirement Planner quick fire poll we ask where you think people will go to access information about retirement income options such as annuities.

As the new ABI code of conduct comes into force Stephen Lowe looks at the issues surrounding promoting the open market option.