Enhanced annuity sales exceeded a billion pounds in the second quarter of the year, according to research by Towers Watson.
Retirement Planner's round-up of the top pension stories this week.
Fiona Murphy goes through this month's Inquiry on retiring abroad
Retirees who delay buying an annuity for two years in the hope of rate rises are unlikely to ever recoup the money they would ‘lose out' on, a provider has warned.
A new website called The Retirement Academy has been launched to help advisers with retirement queries and research in the approach to RDR.
Retirement Planner's round-up of the top pension stories this week.
Rates for both conventional and enhanced annuities fell by more than 2% in the last three months, analysis from MGM Advantage shows.
Nine out of ten advisers report clients using income drawdown are worried about their income potentially falling by as much as 55%, a poll has found.
The average retired person has more than £8,000 of personal debt to repay - with the collective total for the country reaching £96bn, analysis has found.