Retirement Income

Aimed at retirement market

Toby Strauss, the chief executive of Scottish Widows, is to exit the group after four years.

Sessions led by industry experts

Sanlam Private Wealth has launched a dedicated retirement income service for clients navigating the post-pensions freedom market.

We look back at Steve Webb's achievements since 2010

BlackRock is launching a new range of three target-date funds ahead of pension freedom reforms coming into effect on 6 April.

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 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.

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.

Fidelity Worldwide Investment is to significantly expand its pensions business and has appointed Richard Parking as head of retirement.