Pensions - Retail

Consumer research undertaken by the Financial Conduct Authority (FCA) found 40% of consumers do not exercise their option to switch and instead purchase an annuity from their existing pension provider. The regulator found six key reasons why.

The Financial Conduct Authority (FCA) is asking annuity providers to look into their non-advised sales going back to 2008 to see if consumers missed out on higher income by buying the wrong type of annuity.

The FCA has proposed a 'Pensions Dashboard', and said product providers should be obliged to reveal how their annuity quotes compare with competitors' following its study of the retirement income market.

Savers could be forced to pay inheritance tax while they are still alive, under a new drive against tax avoidance planned by the government.

Thousands more families will be required to pay inheritance tax (IHT) this year as an improving economy and rising house prices pull them above the threshold, according to figures.

Royal London Asset Management (RLAM) saw strong flows into its funds during Q1, with income and bond products in particular attracting investor interest.

Tax relief on pensions should be replaced by a Treasury contribution of 50p per £1 saved, argues a radical report by Michael Johnson for influential thinktank the Centre for Policy Studies (CPS).

Yesterday's Budget effectively removed the requirement to ever purchase an annuity, causing shares in listed providers to drop over 50%, but is there value in the sector after such a monumental sell-off?

Emergency services workers will no longer be subject to inheritance tax (IHT) on their death, it has been announced in the Budget.

The Financial Conduct Authority (FCA) has discovered poor practice on all annuity price comparison websites, with 12 out of 13 found to have breached TCF rules.