Key Retirement Solutions

We have seen the development of one-year fixed-term annuities since the Budget. But do they represent good value for money? Fiona Murphy takes a closer look.

Pensions industry stalwart Billy Burrows has joined annuity broker Key Retirement Solutions as associate director.

Some 80% of retirees who stick with their pension provider when they buy an annuity could get a better deal elsewhere, pointing to a huge failure in the open market option, the Financial Conduct Authority (FCA) has found.

Retirees could be missing out on a collective £33m a year if they rely on online annuity brokers as many fail to offer the best possible rates, analysis Key Retirement Solutions (KRS) shows.

Intermediaries have helped boost the equity release market by 29% over the past two years, figures from the Equity Release Council have revealed.

Private equity firm Phoenix Equity Partners has bought a £35m stake in Key Retirement Solutions (KRS).

Retirement Planner's round-up of the top pension stories this week.

Friends Life has launched a venture with Key Retirement Solutions to bolster the support it offers customers at retirement.

Sales of equity release products have remained virtually flat in the past year, according to data from Key Retirement Solutions.

The over-55s are most at risk from the interest-only mortgage time-bomb, according to equity release specialists.