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  • James Jones-Tinsley: Guided Retirement Duty could be game changer

    During May, the Pensions Policy Institute (PPI), sponsored by The Pensions Regulator (TPR), concluded that defined contribution (DC) pension savers – including those in SIPPs, as well as in Workplace Pensions - require more guidance when choosing suitable retirement products.

  • Lisa Webster: Overcomplicated rules are a threat

    It may be more than a year since the Lifetime Allowance was formally abolished but issues are still emerging from the mess made by rushed legislation.

  • Lisa Webster: To gift or not to gift?

    Since the announcement that pensions are to be included in estates for inheritance tax (IHT) purposes the question of whether those with large pension pots should be giving some funds away has become increasingly common.

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Sales of annuities fell by 16% last year, newly released figures from the Association of British Insurers have shown.

Owners of small and medium sized businesses worried about heavy fines for missing auto-enrolment deadlines have been reassured they still have enough time.

Nearly three quarters of those looking for an annuity lack the confidence to arrange one without the help of an adviser, research shows, as a major review of the sector moves into its next phase.

The Government has a role to play in fixing the failing annuities market, the Financial Services Consumer Panel says, following a damning FCA report published today.

The FCA's review of annuities fails to go far enough and will be too slow to help thousands of retirees, a pensions director says.

The FCA is to launch a competition market study after concluding that the annuities market is failing consumers.

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