Annuities

LV= is pulling out of the enhanced annuity market. The news comes days after Standard Life announced that it would concentrate on selling annuities only to its internal customers. Since pension...
Annuity providers will be required to inform their customers how much they could gain from shopping around and switching provider before they purchase an annuity under plans announced today by the...
LV= has confirmed this afternoon the company is consulting on pulling out of the enhance annuity market. The news comes days after Standard Life announced it would concentrate on selling annuities...
After an extensive programme of engagement with industry, financial regulators and consumer groups, the government has decided not to take forward plans to introduce a secondary annuities market...
FCA finds clear evidence of annuity mis-selling to customers in poor health but process of investigation and redress is painfully slow writes Ros Altmann
The Financial Conduct Authority (FCA) has today published the findings of its thematic review of non-advised annuity sales practices. The FCA wanted to establish whether firms provided customers with...
Thousands of retirees each month are shunning high performance pension incomes in favour of higher risk and lower returns, says specialist financial services company Just Retirement. More than a...
Annuity rates are on track for their biggest ever annual fall according to research from Moneyfacts. Based on a benchmark annuity (standard level without guarantee), the average annuity income for a...
More and more couples are not making any provision for pension payments to continue to their other halves in the event of their death according to Aegon. The majority (75%) of people aged 75 and over...
Association of British Insurers statistics for the first complete year since the Freedom and Choice reforms, from April 2015 to April 2016 show that most savers are taking a sensible approach to...