Retirement

Eight of the biggest annuity market players cut their rates in May, with Canada Life and Aviva both making a further cut on Thursday leaving retirees with stark options, analysis has found.

The Scottish Widows UK Pensions Report is based on a recent online survey of 5,200 UK adults by independent research agency YouGov.

The self-invested personal pension (SIPP) industry has rejected the Financial Services Authority's (FSA's) revised proposals for disclosure of charges warning the watchdog it has "wildly" underestimated implementation costs.

An alliance of long-term care groups and campaigners has created a six-point plan calling for urgent and significant reform of the country's "unfair system".

Sanlam Fund Solutions (SFS) has linked up with Source Pensions to provide advisers access to investment management advice in the corporate pensions market ahead of auto-enrolment.

Safe Home Income Providers (SHIP) will relaunch as the Equity Release Council later this month.

Tony Morris, the man at the centre of the £52m GP Noble pension scheme fraud trial, began giving evidence in his defence yesterday.

Is non-advised annuity advice more expensive for consumers than full financial advice after RDR? Fiona Murphy looks at the issues

Scottish Life is developing an income drawdown package to better support advisers setting up the product ahead of potential Financial Services Authority (FSA) regulation.

A Gibraltar-based law firm and Australian financial advice firm have been added to the list of defendants in the £52m GP Noble civil lawsuit.