Annuities

Annuities will continue to play an important role in retirement planning and income despite predictions of their demise in favour of drawdown, Billy Burrows has said.

The Financial Services Compensation Scheme (FSCS) will soon protect the total value of people's annuities, it has confirmed.

Why advisers' approach to final salary pensions has changed forever

Five reasons I might sell my annuity

Annuitants drawing an income from small retirement funds are most likely to sell their contracts, among those in favour of proposals permitting them to do so, according to research.

An exasperated Friends Life pension customer is taking his case to the Financial Ombudsman Service (FOS) after what he said is a decade of poor service from the life company.

The Financial Conduct Authority (FCA) is to review the suitability of retirement advice following the pension ‘freedoms' set to be introduced next month.

Cash-for-annuities could cost pensioners twice

Controversial proposals to allow existing pensioners to sell their annuities for cash - and insurers to compete for the contracts - are to be discussed by ministers this week ahead of the 18 March Budget, according to reports.

Consumer champion Which? was one of just two organisations told about the pension reforms before last year's Budget, the organisation's executive director has said.