Annuities

The pensions industry must work together to develop flexible retirement products for (DC) savers according to the National Employment Savings Trust (NEST).

Aviva has proposed to buy rival insurer Friends Life in a deal worth £5.6bn which will see the companies merge.

Most trustees say their default investment strategies still assume members will annuitise when they retire despite expecting annuity sales to plummet.

PP looks at the lessons the government must learn from auto-enrolment if pension freedoms are to be a success

Demand for annuities climbed 10.5% in September despite tumbling rates, analysis from IRESS has found.

Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.

PP research finds little support for Steve Webb's latest idea

Steve Webb speaks to PP about his plans for more changes

We want your views on Steve Webb's latest plans to reform the annuity market.

Pensions minister Steve Webb has put annuity reform at the top of his wish list should he remain in post after the election.