The Cautious Managed sector accounted for more than half of total sales on Cofunds in October in its best-ever monthly showing as advisers continue to favour outsourcing solutions.
Historically low gilt yields have driven down the incomes available via annuities or drawdown by almost a quarter, Skandia said.
The lastest round of quantitative easing (QE) has made gilts more expensive and may drive international bond investors to cash in on the asset class, fund managers warns.
The latest round of quantitative easing (QE) sparked a surprise rise in gilt yields yesterday, despite fears of long-term falls which could increase pension scheme liabilities.
Incomes from annuities have fallen 14% since the start of the year due to stock market turmoil.
Inflation climbed marginally in August as expected, driven up by higher utility bills.
Maria Merricks asks top investment managers which vehicles offer the best opportunities.
The Debt Management Office is considering launching index-linked gilts with a maturity of 50 years in October after the idea of a new batch of ultra-long bonds was proposed to investors.
Pensioners in capped drawdown face significant drops in retirement income because falling gilt yields are affecting the amount that can be drawn from a fund, according to Rowanmoor Pensions.
Deficits of schemes monitored by the Pension Protection Fund (PPF) worsened last month, increasing from £8.3bn in June to £67.3bn at the end of July.