Annuities

Aon Employee Benefits has launched an online retirement platform, Bigblue Touch 4life, to give scheme members access to freedom and choice.

Aegon has initiated a review of its annuity business in the UK.

Age Partnership has launched a service to gather member information for schemes exploring a medically underwritten bulk annuity deal.

Freedom and choice will leave people poorer unless we harness the power inertia

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.

Stephen Lowe highlights recent research by the Strategic Society Centre showing the importance of guaranteed income for many retirees.

Consultants see an opportunity for DB schemes

Underwritten annuity specialists Just Retirement and Partnership are set for a £1.7bn merger after retirement flexibilities introduced in April triggered a collapse in the individual annuity market.

Individual annuity sales at Legal and General (L&G) have fallen by more than half this year, and its bulk annuity business has failed to pick up the slack, figures show.

Alan Higham, Fidelity Worldwide Investment retirement director, is to leave the business after 18 months.