Difficult conditions in the income drawdown market mean some clients can now get more income from a standard annuity. Helen Morrissey looks at what this means for the industry
A boost in individual annuities and with-profits bonds sales helped Prudential UK maintain new business levels in the first half of this year, despite a significant decrease in corporate pensions volumes.
Just Retirement has announced a ‘record' Q4 with a 29% increase in total group sales at £1,464m.
Fiona Murphy asks what the increasing move to underwritten annuities will mean for the market
Advisers have expressed concerns about a new annuity comparison tool on the Money Advice Service (MAS) which links to the Saga Annuity Service, a tied agent.
The latest round of quantitative easing (QE) from the Bank of England (BoE) is set to drive down annuity rates even further, hitting pensioners' incomes.
Joint life annuities still have a role to play if we consider "individual circumstances" according to pension experts.