Displaying items by tag: annuities

Monday, 09 June 2014 12:33

Pensions revolution will be assessed in annuities probe

The Treasury's pension reforms will be part of the review

The changing landscape in pensions created by the Government's overhaul of the system will form part of a wider probe into the annuities market.

Published in Articles

Tagged under

Thursday, 15 May 2014 15:04

1 in 4 experts warn that 20% of pensioners could exhaust funds

Increasing use of income drawdown following the Budget annuity changes could see 20% of pensioners exhausting their funds before they die, pension experts have warned.

Published in Articles

Tagged under

Friday, 09 May 2014 11:24

Annuity sales to plummet, another leading firm says

Another major pensions company has predicted its annuity sales will plummet following the Budget.

Published in Articles

Tagged under

Thursday, 01 May 2014 10:33

'More insurers could focus on bulk annuity market'

A study into the bulk annuity market has shown there were fewer big hitters in the UK last year but researchers predict more firms will enter.

Published in Articles

Tagged under

Tuesday, 15 April 2014 11:42

Many years left for annuities, says retirement planning expert

A retirement planning expert has said it is premature to believe that the overhaul in the pensions system means the the death of annuities.

Published in Articles

Tagged under

Monday, 14 April 2014 10:59

Report: UK annuities market could decline by 75%

The UK annuities market could decline by up to 75% after the recently announced changes to compulsory annuity purchase come into effect, according to PwC analysis supported by a new consumer survey.

Published in Articles

Tagged under

Tuesday, 01 April 2014 11:55

Annuities will survive, FCA policy director tells MPs

A senior FCA figure has warned against predictions of doom about the annuities market following the radical pension reforms announced in the Budget.

Published in Articles

Tagged under

Tuesday, 18 February 2014 12:21

Big drop in annuity sales despite £12bn total

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

Published in Articles

Tagged under

Friday, 14 February 2014 11:04

Annuities probe: Government has a role to play

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.

Published in Articles

Tagged under

Friday, 14 February 2014 10:01