Annuities

Pensions experts are disappointed the Government has not taken the opportunity to review the 75 year rule on annuity purchase in the Pre-Budget Report.

Living Time will launch fixed-term annuity quotations alongside traditional lifetime annuity rates on 1st-The Exchange's Exweb.

Pension savers are still at risk of losing thousands of pounds despite industry initiatives to speed up transfers, according to Virgin Money.

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.