Annuities

Friends Provident has managed to raise or hold steady final bonus rates on its with-profits policies as markets start to recover.

Zurich Life UK will offer Legal & General (L&G) annuity products alongside its own in bid to improve its at retirement offering.

Origen Financial Services, an Aegon-owned national IFA, today launches Annuitas, an annuity and advice service aimed at IFAs.

An overwhelming majority of annuity customers use the internet for shopping, research, financial management and communication, research from Just Retirement reveals.

The government's proposals to remove the age-75 annuitisation rule and simplify income drawdown are a step in the right direction but still "missing a big opportunity", Skandia says.

Savers are facing a rare conundrum about whether to lock into a lifetime annuity amid unprecedented economic uncertainty, Hargreaves Lansdown says.

The at-retirement marketplace provides advisers with a great opportunity to work closely with their customers to determine their needs.

The latest debate on annuities

The Pensions Policy Institute (PPI) has warned the government's plan to abolish the need to annuitise by age 75 brings risks as well as flexibility for pensioners.

Almost three-quarters of pensioners with pots of less than £40,000 do not use the open market option, according to research from Partnership.