MGM

Fundamental problems with the shopping around system for annuities must be addressed before pension freedoms being in April, experts have said.

The average annuity today delivers just over £2,000 less income over retirement compared to one bought in March, when the Chancellor swept away the need for savers to buy the product in his Budget, according to retirement specialist MGM Advantage.

Income drawdown looks set to grow rapidly as a result of Budget freedoms. Jenna Towler takes a look at the issues for those navigating this area without an adviser.

Retirement Planner readers will get a 20% discount on the Henry Stewart SIPPs and Retirement Options conference.

The government should pay for the guidance guarantee's first year of operation instead of charging the industry through a levy, according to MGM Advantage.

Fiona Murphy says although annuity sales have slumped, new research shows they can still represent fair value for money.

The big three factors to consider when putting off an annuity purchase

Andrew Tully takes a look at the implications of the recent Budget for the industry.

Billy Burrows talks to Helen Morrissey about his new role at Key Retirement Solutions and how the customer's at-retirement journey is evolving.

Will simplified advice be the post-Budget big winner?