Fiona Murphy says although annuity sales have slumped, new research shows they can still represent fair value for money.
Nick Elphick asks whether the general public understands what the recent Budget changes mean for them and whether we need a different approach to financial education.
Four out of five investment advisers are concerned that inappropriate products are being rushed to market to take advantage of changes announced in the Budget, research has found.
London & Colonial (L&C) has launched an annuity contract with a ‘cash-out' option, which it claims is the first of its kind on the market.
Annuity provider Partnership has signed an investment management agreement with Rothschild to invest £150m in commercial mortgages as it announced a significant fall in annuity sales.
Government plans to offer independent guidance to all retirees do not go far enough because retirement needs are too complex, argues St James's Place (SJP).
Most pensions schemes plan to offer members more help at retirement than is proposed under the government's guidance guarantee, according to a consultant.
The flexibility unveiled in the last Budget has piqued everyone's interest. But there are important caveats, according to Alan Higham
Platform sales reached a new record in the second quarter, according to a Fundscape report which pointed to Budget reforms as a key driver of the surge in interest.
The Treasury expects to net an extra £3.9bn between 2015 and 2020 as a result of tax reforms designed to facilitate the Budget freedoms.