Retirement

Suffolk Life has launched a guide explaining protected rights on its website.

Rowanmoor Pensions has introduced an adviser fee agreement to streamline the payment process for its small self-administered scheme (SSAS) and Family Pension Trust.

Providers must clearly explain the complexities and risks third-way pensions (variable annuities) pose to potential customers and advisers, urges actuary Watson Wyatt.

Axa's life and savings business rose just 6% to £1.09bn last year as tax changes affecting offshore bonds dampened growth, according to the group's annual results.

Scottish Widows has added an income drawdown feature to its Retirement Account product.

Actuarial firm Spence & Partners has launched a longevity calculator for financial advisers and their clients.

Prudential has paid out £2.7bn in with-profits bonuses this year, compared to £2.5bn in 2007.

Norwich Union has launched a pilot downsizing programme for customers who do not want a full equity release product.

Hornbuckle Mitchell has won a five star rating for its Flexible Income Pension Plan (FIPP) and Full SIPP.

SG Hambros Bank, part of SG Private Banking, has launched a new bespoke SIPP which will allow clients to invest in a wide range of investment solutions, including private equity funds and structured products.