Failure to shop around for an annuity is costing pensioners £124m per year, Key Retirement Solutions claims.
KRS said customers using its annuity brokerage service receive on average 21% more than the quote given to them by their pension provider. This equates to £248 per year extra per pensioner, the adviser...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point