Annuities

PP looks at international concerns over the sustainability of the UK pensions system

Bad headlines about annuities in April 2015 could lead to a "tragedy" of people not buying them anymore according to Michelle Cracknell.

JLT's Mark Wood says the concept of a pension has all but disappeared since the Budget

Annuities have been brought into line with drawdown, but inconsistencies remain

Yesterday's statement was nothing compared to the shock announcement in the Budget, but there was still plenty for the pension industry to chew on. Here are the main talking points.

The 55% tax charge levied on beneficiaries of individuals who die under the age of 75 with a joint life or guaranteed term annuity has been abolished in today's Autumn Statement.

The pensions industry must work together to develop flexible retirement products for (DC) savers according to the National Employment Savings Trust (NEST).

Aviva has proposed to buy rival insurer Friends Life in a deal worth £5.6bn which will see the companies merge.

Most trustees say their default investment strategies still assume members will annuitise when they retire despite expecting annuity sales to plummet.

PP looks at the lessons the government must learn from auto-enrolment if pension freedoms are to be a success