Annuities

Yesterday's Budget effectively removed the requirement to ever purchase an annuity, causing shares in listed providers to drop over 50%, but is there value in the sector after such a monumental sell-off?

Yesterday's Budget announced the end of the requirement to purchase an annuity, but it is not the end for the products themselves, says Fidelity Worldwide Investment's Ed Dymott.

Today's Budget pension reforms will not irreparably damage the annuity market says Just Retirement's customer insight director, Stephen Lowe.

Hargreaves Lansdown's shares rose on news the government is set to increase the personal ISA allowance to £15,000, whilst life company stocks tumbled, after chancellor George Osborne unveiled the latest Budget.

In the wake of the FCA review the ABI has put forward its recommendations for how the retirement income market needs to evolve. Helen Morrissey takes a look.

Have you missed this week's pensions news? Here's Retirement Planner's round-up of the top five stories this week.

Progress on the annuities market, charges and defined ambition (DA) may have "stalled", the Work and Pensions Select Committee says.

Product providers should send their at-retirement customers a list of advisers to help them make better decisions about using their savings, the Association of Professional Financial Advisers (APFA) has suggested.

Retirement's reputation has hit rock bottom. The industry can and must do better.

Have you missed this week's pensions news? Here's Retirement Planner's round-up of the top five stories this week.