Annuities

The Financial Ombudsman Service (FOS) has said it will take into account good practice at the time an annuity was sold when judging complaints as it highlighted the variety of grievances it handles.

Retirees with small pots should be allowed to draw down savings as fixed-term pension to enable them to defer taking a state pension, says the Association of Consulting Actuaries (ACA).

COMMENT

In this week's quick fire poll we ask: Are your clients worried about the lifetime allowance cut?

Steve Webb's recent comments on annuities have provoked fierce debate. Helen Morrissey asks if this can provoke a wider conversation on the future of the retirement income market.

Advisers have just a few days left to be part of the launch of a free consumer directory of retirement specialists before the site goes live on Monday.

A Conservative MP has warned annuities could become the next financial services mis-selling scandal without an urgent and radical overhaul.

In this week's quick-fire poll we ask: Should consumers be able to switch annuities as pension minister Steve Webb has advocated?

Retirement Planner's round-up of the top pensions stories this week.

Equity Advice LLP has launched The Later Life Academy dedicated to supporting advisers in the at-retirement market.