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Big drop in annuity sales despite £12bn total

Sales of annuities fell by 16% last year, newly released figures from the Association of British Insurers have shown.
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Small businesses fearful over auto-enrolment fines reassured by L&G

Owners of small and medium sized businesses worried about heavy fines for missing auto-enrolment deadlines have been reassured they still have enough time.
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Annuities probe: Government has a role to play

The Government has a role to play in fixing the failing annuities market, the Financial Services Consumer Panel says, following a damning FCA report published today.
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No confidence in arranging annuity without adviser for 73%

Nearly three quarters of those looking for an annuity lack the confidence to arrange one without the help of an adviser, research shows, as a major review of the sector moves into its next phase.
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Annuities probe leaves retirees high and dry, says MGM director

The FCA's review of annuities fails to go far enough and will be too slow to help thousands of retirees, a pensions director says.
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  1. Annuities market failing consumers, says FCA
  2. James Hay expands Modular iSipp scheme
  3. SSAS business rises by 20% at Talbot & Muir
  4. Rowanmoor appoints new Northern consultant

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