Scottish Widows has launched its standard annuity onto the open market to sit alongside its existing enhanced annuity.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
This week's top stories include articles about the CMI's latest mortality projections model and its accompanying report, which show a clear trend in life expectancy.
Professor David Blake gives his view on how the pensions system can be improved.
'Annuity comparator' tool to be established
‘Small number' of firms asked to review sales
Retirees are increasingly exposed to fraudsters since the pension freedoms were introduced due to the high cost of advice, according to the Trades Union Congress (TUC).
Helen Morrissey says we need to look urgently at how retirees access advice and guidance.
Aegon has agreed an annuity referral partnership with Legal & General (L&G) as part of the insurer's plans to stop writing all new annuities in the fourth quarter.
All other pension complaints up
Stephen Lowe looks at the support members are likely to need from schemes to help them navigate the complex retirement income market.
The Financial Conduct Authority (FCA) is considering whether to force firms to provide clients with an annuity comparator tool after initial trials produced a dramatic increase of consumers shopping around for the best deals.
A trend whereby insurers are providing fewer buyout quotations for smaller schemes has accelerated since the end of 2015, according to JLT.
Aegon has sold the final third of its UK annuity portfolio to Legal & General (L&G) as part of its strategy to free up capital from non-core business.
PP explores the option of putting the British Steel scheme through the bulk annuity market.
What impact has freedom and choice had on the behaviour of those looking to access their retirement savings? Gill Wadsworth takes a look.
Two thirds of people aged over 55 who have bought an annuity (68%) would be unlikely to cash it in despite being able to from next year.
Aegon has sold a £6bn UK annuity portfolio to Rothesay Life in a bid to focus on expanding its investment platform.
PP looks at how the Just Retirement and Partnership merger could impact market competition.
Defined benefit members are taking advantage of the flexibilities through a number of ways according to research.
Almost one in five members transferred out of their defined benefit (DB) scheme to use their freedoms after receiving advice according to Willis Towers Watson.
The Kingfisher Pension Scheme has undergone a £230m medically underwritten buy-in with Legal & General (L&G) in a landmark deal for the bulk annuity market.