Annuity
FCA says consumers failed by pension market
An FCA study has found that the annuity market is not working well for consumers who continue to miss out on a higher income by not shopping around.
Retirement | 25 Nov 14
OMGI distributor deals annuity replacement
Old Mutual Global Investors is at an “advanced stage” of setting up partnerships with selected life companies and platforms to develop pooled fund products for the retirement market, in readiness for next year’s radical UK pension regime reforms.
Annuities if theyre no longer compulsory
Two things are on my mind. First, just how much I like the new One Direction single. Great work guys. Second, fairness for those approaching retirement.
l and g bucks trend with annuity sales
Legal & General achieved a record £3.9bn worth of annuity sales in the nine months to the end of September, bucking the overall downtrend in the market after the spring UK Budget pension reforms were announced.
Annuities survery
Advisory firms are almost evenly split on whether or not new rules regarding pensions have created a need for new products, a FundsNetwork survey has revealed.