Jonathan Stapleton asks whether the term ‘pension’ is too toxic for today’s savers
The Financial Conduct Authority (FCA) will begin requesting data from annuity providers as part of its on-going investigation into the market.
The value of defined contribution (DC) lifestyle funds has fallen by 5% on average since May as bond prices dropped, research from Hargreaves Lansdown shows.
The industry must do more to support employees making retirement income decisions says The Pension Regulator's chairman Michael O'Higgins.
Tom McPhail says saving is only half of the battle
Annuity rates have declined by 29% since the introduction of the Bank of England's quantitative easing programme, AXA Life Europe has found.
Friends Life has partnered with Key Retirement Solutions to provide open market annuity guidance for all its customers approaching retirement - including those in corporate schemes.
Data from The Pensions Regulator (TPR) shows 97% of surveyed DC schemes provide support to members wishing to exercise their open market option (OMO).
Consumers' knowledge of annuity options is good but there is "plenty of room for improvement" following the launch of the Association of British Insurers' (ABI) annuity code, the organisation says.
Jonathan Stapleton asks what the latest drop in retirement incomes means