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Otto Thoresen, Aegon UK chief executive, will today warn the RDR will price many consumers out of the market in a speech at the Liberal Democrat party conference.

Legal & General is to offer advisers and their clients access to a will-writing service provided by probate brokers Final Duties.

Between 55% and 65% of people due to retire may have conditions that qualify them for enhanced or impaired life annuities, research from Just Retirement says.

A fifth of clients who have not seen an IFA in five years blamed trust issues.

Projected annuity incomes have fallen again over the past four weeks due to flagging equity markets.

Paradigm Pensions is working with benefits software provider Staffcare to create a web-based benefits package for employees and employers, available only through IFAs.

GAD rates, used to calculate the maximum investors can drawdown from their pension each year, were unchanged for October at 3.50%.

Advisers are set to turn their backs on conventional annuities and recommend asset-backed alternatives as annuity rate crashes continue to plague retirees.

Mike Morrison, head of pensions development at Axa Wealth, says the death knell may have been sounded for DB schemes

In a lively debate the panel discuss the progress being made towards offering retirees the open market option when buying an annuity, as well as the different types of products now available.