The gap between the best and worst annuity rates is widening, according to new analysis.

A pension provider has warned that the new capital adequacy requirements, while not as punitive as feared, will still lead to consolidation in the sector.

Wealth manager St James Place says that pension reforms will create retirement opportunities but retirees will need ongoing advice to avoid running out of money in retirement.

James Hay Partnership, the platform for retirement wealth planning, is calling on HMRC to create a Pensions Nil Rate Band (PNRB).

Barnett Waddingham, the provider of actuarial and consultancy services, has launched a pensions education service for employers looking to inform their senior-level staff on the various changes surrounding pension benefits.