The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
This week's top stories include articles about the CMI's latest mortality projections model and its accompanying report, which show a clear trend in life expectancy.
Professor David Blake gives his view on how the pensions system can be improved.
'Annuity comparator' tool to be established
‘Small number' of firms asked to review sales
Retirees are increasingly exposed to fraudsters since the pension freedoms were introduced due to the high cost of advice, according to the Trades Union Congress (TUC).
Helen Morrissey says we need to look urgently at how retirees access advice and guidance.
Aegon has agreed an annuity referral partnership with Legal & General (L&G) as part of the insurer's plans to stop writing all new annuities in the fourth quarter.
All other pension complaints up