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Standard annuity rate rises to highest level this year

The standard annuity rate rose to its highest level for the whole of 2015 during June, according to figures released this morning.

'It's clear pension scammers are already preying'

One in five over 55s may have been targeted by scammers looking to trick people out of their savings.

Retirement planning becomes a virtual reality experience

A pensions firm has entered into the world of virtual reality, claiming to be the first in the finance sector to create a 3D Google app for smartphone users.

New education service for soon to be retirees

The National Association of Pension Funds has today launched a new financial education service to be rolled out in a series of seminars.

Devil and Thor legend trek: Pensions firm hailed by charity

A Cystic Fibrosis charity has thanked staff at a pensions company for raising nearly £4,000 by trekking to a huge hollow where the devil tormented the god Thor, according to legend.

'We must safeguard annuities plan against scammers and not rush'

Protection for the rights of dependents and beneficiaries particularly vulnerable older people must be cemented before secondary annuity market plans go ahead, the ABI says.