Annuity Direct

HM Revenue and Customs (HMRC) may move to prevent high net worth savers from circumventing the lifetime allowance (LTA).

Fidelity Worldwide Investment has reached an agreement to acquire the entire share capital of Annuity Direct and its holding company Retirement Angels.

Fidelity Worldwide Investment has launched a shopping around tool with Annuity Direct to help people use the open market option.

Helen Morrissey investigates data transfer delays in annuity brokerage services.

Thousands of retirees hoping to take advantage of the end of compulsory annuitisation will find many insurance companies' systems are not yet ready to deal with the changes according to Annuity Direct.

The recent announcement that pension increases will be linked to CPI rather than RPI could leave future pensioners out of pocket. Helen Morrissey looks at whether this will be the case, and asks how the change needs to be managed