annuity

An MP has demanded the government creates a nationalised low-cost annuity provider to protect pensioners from poor retirement products.

Jenna Towler comments on getting the best deal

The Association of British Insurers must force pension providers to push retirees towards specialist annuity advice, the National Association of Pension Funds says.

Millions of workers are losing billions from their savings because of "sharp practice and murky pricing" in the annuity market, research claims.