Annuities

Annuity mis-selling investigation highlights value of advice

The Financial Conduct Authority (FCA) has said it is concerned providers' projections of what pension savers can expect to receive in retirement if they buy certain products are too high, and it wants to standardise the process.

Non-advised annuity sales could be subject to a commission cap or an outright ban under plans being considered by the Financial Conduct Authority (FCA).

Partnership is to launch a self-invested personal pension (SIPP) account which houses both annuity and drawdown options.

Where next for retirement income post-pensions freedom?

...clients will call you about this week

Savers have withdrawn £2.5bn from their pensions - mostly in cash lump sums - since the government's wide-ranging retirement reforms in April, latest figures show.

The Financial Conduct Authority (FCA) is investigating thousands of annuities sold on a non-advised basis since 2008 to see if they were unsuitable for savers.

Annuity businesses Just Retirement and Partnership have announced a merger deal.

Head to head: Annuities vs guaranteed drawdown