Displaying items by tag: annuities
Friday, 02 March 2018 17:01
Annuity 'shop around' rules come into effect
Firms are now obliged to inform consumers how much they could gain from shopping around for annuities under new rules which take effect this week.
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Wednesday, 03 January 2018 13:21
Canada Life completes Retirement Advantage takeover
The Canada Life Group has completed its acquisition of rival provider Retirement Advantage, a provider of annuities, equity release and other retirement products.
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Friday, 27 October 2017 09:36
Pension Freedom users fear running out of money
Nearly half of Pension Freedom users say they fear running out of cash in retirement, according to new consumer research from SIPP and platform provider AJ Bell.
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Wednesday, 12 July 2017 10:15
Pension freedoms may be causing new problems, warns FCA
The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
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Thursday, 01 June 2017 11:37
FCA tells advisers to inform clients on best annuity rates
Advisers will be asked to tell clients that the annuity they are being recommended may not produce the best annual income if the firm lacks details of all market rates.
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Wednesday, 19 October 2016 12:37
Ex-Pensions Minister attacks axing of 'lifesaver' for thousands
The former Pensions Minister has attacked the Government's decision to abandon a “potential lifesaver” for thousands of people.
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Thursday, 21 April 2016 11:33
Brexit could spell popularity boost for annuities
Annuities may become the most popular option for retirees if Britain exits the European Union in June, the founder of eValue believes.
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Tuesday, 19 April 2016 11:37
Downtrodden annuities find more favour among young
Annuities may have become somewhat downtrodden with doom and gloom predictions since the pension reforms kicked in but new research suggests the younger generation are willing to give them a fair hearing.
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Tuesday, 29 March 2016 10:40
Annuity sales pick up after pension freedoms - ABI
The ABI says that sales of annuities have risen in recent months, according to its latest pension report published one year after the Pension Freedoms.
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Friday, 18 December 2015 11:34
Pensions firm MD: Annuity resale values to be 'very poor'
The returns people receive when selling their annuities are likely to be “very poor”, the managing director of a pensions firm has warned, after reforms were confirmed this week.
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