Providers should "show solidarity with advisers" rather than offer non-advised companies cheap deals on annuities, according to one Cheshire-based annuities specialist.
Retirement Planner's round-up of the top pension stories this week.
Prudential has reported a 21% fall in sales of with-profit bonds for the first quarter of the year, which it has attributed to the implementation of the Retail Distribution Review (RDR).
The annuity market faces a ‘tipping point' as more ‘Middle Britain' savers could benefit from alternative retirement options, warns a new report.
As the industry gets to grips with the ABI's code of conduct on shopping around Stephen Lowe looks at the opportunities for advisers.
Just Retirement annuity sales reached £800 million for the first time in the six month period ending 31 December 2012.
LV= retirement and protection businesses both achieved 15% growth in 2012 according to its latest results.
As the new ABI code of conduct comes into force Stephen Lowe looks at the issues surrounding promoting the open market option.