Annuities

Just Retirement has unveiled a guide on unsecured pensions (USP) and annuities options, to help advisers better identify the right products for clients.

The ABI (Association of British Insurers) is set to launch a new industry-wide electronic information exchange in December which should help cut OMO payment times to an initial 30 days.

A ‘blanket rule change' of the age limit for annuities will not help solve the real issues affecting UK pensioners, according to MGM Advantage.

The Government must act now to prevent the current crisis situation for pensions getting even worse, according to policy adviser Dr Ros Altmann.

The stranglehold traditional annuity providers have on the market is making a mockery of the principles of treating customers fairly.

Adam Wrench examines the annuitisation process and asks how much will there really is within the industry to make real changes

Aegon will carefully monitor the commission being taken as part of its new flexible adviser remuneration option for annuities to ensure the offer is not abused.

Discrimination is good. A dictionary definition is "the power of making fine distinctions", so it's a synonym for good judgement. Most insurance is based on discrimination.

Aegon has launched a flexible adviser remuneration option for annuities in a bid to close the advice gap for customers with smaller pension pots.

Just Retirement's group total sales were £763.5m for the year ended 30 June 2008, up 12.8% year-on-year on the previous year's £676.8m.