A full list of people nearing retirement would be the Holy Grail for product providers offering the open market option (OMO), says Living Time.
The Government should follow A-Day pension simplification with an ‘R-Day', or Retirement Day, rethink to encourage finding the best value for money from accumulated pension pots, according to pensions provider Living Time.
The Government should forbid annuities providers from only submitting their own quotations to existing clients, says retirement income specialist Living Time.
Lincoln Financial Group has unveiled its new flexible pension solution, which caters for both the accumulation and decumulation periods of retirement.
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.
The pensions industry has been left disappointed by the Prime Minister's response to a petition calling for the abolition of the 70% tax charge on funds left from Alternatively Secured Pension.
The Exchange's decision to introduce fixed term annuities as a new category is an early sign of the "major revolution" set to transform the retirement income market, says fixed term annuity provider Living Time.