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Annuities

Retirement

Warning providers' maximum pension projection rates too high

The Financial Conduct Authority (FCA) has said it is concerned providers' projections of what pension savers can expect to receive in retirement if they buy certain products are too high, and it wants to standardise the process.

clock 01 October 2015 •

Regulation

Commission on non-advised annuity sales could be banned

Non-advised annuity sales could be subject to a commission cap or an outright ban under plans being considered by the Financial Conduct Authority (FCA).

clock 01 October 2015 •

Income

Partnership to launch flexible retirement account

Partnership is to launch a self-invested personal pension (SIPP) account which houses both annuity and drawdown options.

clock 22 September 2015 •

Pensions

Social experiment: Where next for retirement income post-pensions freedom?

Where next for retirement income post-pensions freedom?

clock 21 September 2015 •

Your profession

Three things clients will call you about this week

...clients will call you about this week

clock 07 September 2015 •

Income

Providers paying out £27m a day since pensions freedom, says ABI

Savers have withdrawn £2.5bn from their pensions - mostly in cash lump sums - since the government's wide-ranging retirement reforms in April, latest figures show.

clock 03 September 2015 •

Pensions

FCA begins probe into providers' annuity sales

The Financial Conduct Authority (FCA) is investigating thousands of annuities sold on a non-advised basis since 2008 to see if they were unsuitable for savers.

clock 01 September 2015 •

Retirement

Partnership to merge with Just Retirement

Annuity businesses Just Retirement and Partnership have announced a merger deal.

clock 11 August 2015 •

Income

Head to head: Annuities vs guaranteed drawdown

Head to head: Annuities vs guaranteed drawdown

clock 29 July 2015 •

Regulation

FOS annuity complaints continue to rise

Complaints about annuities are continuing to rise more than a year after the Chancellor announced a reform of the retirement income market, according to the latest figures from the Financial Ombudsman Service (FOS).

clock 21 July 2015 •
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