LV= has confirmed its deadline for gender specific annuity business so advisers can take action ahead of the EU gender directive.
Homeowners who plough cash into their property for retirement and dismiss other saving options are taking a risk, warns an equity release adviser.
Almost two million people plan to use their property to bolster their retirement income, research shows.
LV= will switch its protection business to gender neutral rates on 1 December and has announced its pipeline strategy for advisers.
LV= has expressed concerns over the Financial Services Authority's (FSA's) proposed changes to projection rates.
LV= is reducing its equity release rates and will no longer charge a higher rate of interest on loans over £600,000 from today.
Enhanced annuity sales exceeded a billion pounds in the second quarter of the year, according to research by Towers Watson.
A new website called The Retirement Academy has been launched to help advisers with retirement queries and research in the approach to RDR.
LV= has seen 25% growth across its retirement business over the first half of 2012.
Online adviser support on I-E tax changes and the gender directive has been launched by LV=.