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  • Annuity misconceptions widespread despite rise in sales

    Almost half, 48%, of over-50s are unfamiliar with what lifetime annuities are and how they compare to other annuity products.

  • L&G says digital annuity applications will save 14 days

    L&G has launched a digital application process for annuities which it says will save Financial Planners and advisers up to 14 days on each intermediated/advised application.

  • 1 in 8 annuity buyers unwilling to shop around

    One in eight people intending to purchase an annuity would not consider switching from their existing pension provider to another supplier, even if they could potentially gain additional retirement income.

  • Standard Life growth boosted by annuities

    Retirement provider Standard Life, part of Phoenix Group, has reported a business boost from the growing popularity of annuities.

  • Advisers rethink pensions advice after Budget changes

    The IHT changes announced in the Autumn Budget have triggered a shift in the advice that IFAs are providing to their clients, according to a new study.

  • Annuity rates surge to 16-year high

    Annuity incomes have surged to a 16-year high as the market booms, according to the latest data from Hargreaves Lansdown’s annuity search engine.

  • Jump in annuity buyers taking advice as market soars

    Sales of pension annuity contracts jumped 24% in 2024 to 89,600, according to new data from the Association of British Insurers (ABI).

  • Oxford Risk launches retirement income suitability software

    Behavioural finance firm Oxford Risk has launched new retirement income suitability software to help Financial Planners and advisers meet the FCA's stricter requirements in the wake of last year’s thematic review.

  • Bond turmoil causes annuity rates to surge

    The turmoil in the bond markets has caused annuity incomes to soar by almost 50% in the last three years, new data shows.

  • L&G annuity sales hit all time high of £2bn

    Legal & General Retail has reported its annuity sales have reached an all-time high of £2bn so far this year amid industry figures revealing annuity sales jumped 50% year on year in the first half.

  • Annuity rates up 2.5% since January

    Average annuity rates for a healthy 65-year-old have increased by around 2.5% since January, according to the latest Standard Life Annuity Rate Tracker.

  • 10 annuity providers join Origo tracking service

    Industry collaboration fintech Origo has signed up 10 annuity providers to its recently launched Origo Annuity Transfer Tracking service.

  • Royal London enters bulk purchase annuity market

    Mutual pensions firm and life insurer Royal London has today confirmed its entry into the bulk purchase annuity (BPA) market.

  • Urgent need for better at-retirement support

    There's an urgent need for better at-retirement support, according to former pensions minister Steve Webb, who has called on the FCA to speed up its advice/guidance review.

  • Demand for annuities at record high

    There was a record high in demand for annuities from advisers in the first half of the year, according to figures published today by pensions technology provider iPipeline.

  • John Lawson, head of pensions policy at Standard Life

    Consumers fail to understand annuities

  • Maggie Craig

    ABI wants more to shop around for better retirement income

  • Otto Thoresen, director general of the ABI

    ABI launches Code of Conduct for retirement products

  • GAD rate since the beginning of 1996

    Technical Update: Flexible drawdown rules open new planning choices

  • Just Retirement sees sales increase to £381m

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