Friends Life has launched an annuity underwritten on savers' lifestyles, rather than specific medical conditions, in a bid to compete on the open market.
Scottish Widows is launching an enhanced annuity product.
As retirement income issues become more high profile we are seeing more employers looking to put services in place to help their employees navigate this area. Helen Morrissey takes a look at the issue
Dealing with small pots, access to advice and developing appropriate retirement strategies were all discussed at a retirement income panel hosted by Prudential.
Annuity experts have warned customers will face more difficulties as they struggle with advice propositions post RDR.
We are seeing an increasing number of employers employing annuity brokerage services to help staff make appropriate retirement income decisions. However, delays in data transfer are causing problems. Helen Morrissey looks at why these delays are occurring...
Fiona Murphy explores what steps advisers and employers will need to take to tackle the small pots issue on the eve of auto-enrolment and the RDR