annuity

Sacha Dhamani says Steve Webb is wrong to claim people with low life expectancy get a bad deal from annuities

The government has confirmed its commitment to overhaul the retirement process and announced new plans to introduce collective defined contribution (CDC) in the Queen's Speech today.

Four-fifths of scheme members are postponing annuity purchases in the wake of the Budget reforms, according to research.

Natasha Browne looks at what the UK can learn from retirement regimes around the world

The majority of savers are significantly overestimating the value of their at-retirement pension pot, research from Partnership has found.

Partnership has taken immediate action to control costs after predicting its individual annuity sales would fall 50% following the Budget.

People who die younger will get a better deal by not annuitising according to pensions minister Steve Webb.

Standard Life has said its sales of annuities have fallen by half following changes to the rules around retirement announced in last month's Budget.

The cost of providing the guidance guarantee will fall on schemes according to pensions minister Steve Webb.

Retirees should have access to "specialist basic advice", not unregulated guidance, independent consultant Ros Altmann says.