Partnership has announced that it will shed 100 jobs as part of cost cutting measures linked to the overhaul in the pensions system arising from the Budget.
The FCA has finalised its guidance to firms offering annuity comparisons online after a review found 92% of websites failed to be clear and fair.
Pension providers are not trusted to offer impartial guidance on retirement options, according to a new Which? survey.
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.
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.
Another major pensions company has predicted its annuity sales will plummet following the Budget.
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.
A retirement planning expert has said it is premature to believe that the overhaul in the pensions system means the the death of annuities.
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.
A senior FCA figure has warned against predictions of doom about the annuities market following the radical pension reforms announced in the Budget.
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