Smart Pension and Legal & General (L&G) have partnered to create a workplace pension retirement income product that will combine drawdown and annuities.
Around one in ten (11%) workers aged over 55 say pension freedoms have encouraged them to save more since the rules came into effect in April 2015, Prudential has found.
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
Prudential has sold £12bn in annuity assets to reinsurance business Rothesay Life as part of its M&G demerger announced today.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Hymans Robertson has appointed Michael Abramson as a partner and risk transfer specialist to grow its risk reduction offerings.
The buy-in and buyout market is on course for a record-breaking year as demand continues to rise amid attractive pricing. Victoria Ticha looks at what to expect
Andrew Warwick-Thompson says in Port Talbot we are witnessing the detrimental impact of extending Freedom and Choice to DB schemes
The UK could face a retirement income crisis due to a lack of joined-up policy, according to research by the Pensions Institute. Stephanie Baxter takes a look at the findings
The Centre for Policy Studies (CPS) has called for savers to be "automatically protected" in retirement by phasing them between drawdown and annuitisation.
An index has been launched by IRESS to compare annuity yields against equities, cash ISAs and drawdown.
The third quarter of 2016 saw new pension investments fall by £380m, bucking the trend of the previous two quarters.
The OECD believes annuities are part of the solution to prevent people running out of money in retirement. Michael Klimes asks how viable this is in the era of Freedom and Choice
Charges and poor returns can seriously reduce the amount of income people have in retirement. Michael Klimes looks at what can be done to help avoid these pitfalls.
The government has decided to scrap its plans to create a market for secondary annuities.
‘Small number' of firms asked to review sales
DWP's consultation into the future of NEST has generated some strongly contrasting responses about whether it should enter the at-retirement product market. Michael Klimes reports
Sue Pemberton looks at how default fund design will need to evolve following Freedom and Choice.
The number of people accessing regulated advice to purchase annuity and drawdown products fell in 2015 according to this year’s Future Book.
With demand for bulk annuities predicted to reach £350bn by 2026, supply may not be able to keep up, which could push up pricing. Kristian Brunt-Seymour looks at whether it is an issue and what it means for schemes.
Providers should steer members towards vetted retirement solutions to protect the value of their savings, according to Legal and General Investment Management (LGIM).
The number of bulk annuity market participants is expected to rise by 57% over the next five years according to Barnett Waddingham.
Experts have welcomed figures from the Association of British Insurers (ABI) showing people are making informed decisions about their retirement incomes.
Total payouts in the first year of pension freedom reached £8.2bn, according to data from the Association of British Insurers (ABI).