Millions of people are postponing retirement and plan to keep working for an additional six years as their pension savings are too low, according to LV=.
LV= has added benefits to its income protection (IP) offering for medics so they have a relevant level of cover.
LV= has launched an online calculator for advisers to work out potential commission loss in the run up to G-Day.
Annuity rates failed to recover from their continued poor performance last month, according to Alexander Forbes Annuity Bureau.
Retirement specialist LV= has released its Retail Distribution Review (RDR) adviser charging strategy just nine weeks before the deadline.
Provider LV= is offering a 5% discount on all income protection (IP) applications until 30 November.
Who moved where in another busy week in financial services?
Advisers "should be proud" of their efforts to be compliant with changes set to be introduced at the end of the year following the Retail Distribution Review (RDR), LV='s Steve Lewis says.
Fixed term annuities can benefit clients in the right situation and should be given full consideration by advisers dealing with clients approaching retirement, according to a report.
Retirement Planner's round-up of the top pension stories this week.