Annuities

Fidelity has launched a new range of ‘lifetime funds' for people planning for retirement which use a ‘target date' approach instead of ‘lifestyling'.

The government's response to a public petition asking for the removal of the 70% tax charge on leftover Alternatively Secured Pension Funds, is a clear signal retirees need to be more innovative, claims Living Time.

Resolution is investigating the possibility of establishing a separate annuity company owned by shareholders, to capture a larger share of the vesting pensions market, as well as expanding its protection market position.

Advisers should focus on alternatives to annuities to help high-net-worth clients maximise their retirement income, claims Fidelity International.

Annuity rates have fallen significantly over the last five years, making it even more important individuals make good use of the Open Market Option.

Alternatively Secured Pensions are still a useful retirement planning tool, despite the industry's failure to achieve any tax concessions from the Treasury, claims Winterthur Life.

Rowanmoor pensions has criticised the government's decision to levy additional tax charges on scheme pensions and annuities to stop pension funds being passed on after death.

We're becoming used to signs in supermarkets comparing their prices their competitors. In the "store wars" it's essential to reassure your customers that they're receiving good value, and a good way is to demonstrate that your prices are cheaper than...

Although A-day seems to have encouraged more people to take advantage of the Open Market Option for annuities, more still needs to be done warns Just Retirement.

Almost 80% of advisers still plan to recommend Alternatively Secured Pensions to their clients despite the proposed charges put forward in the pre-Budget Report in December.