freedom and choice

As the freedom and choice reforms kick in it is more likely retirees will opt to remain invested in the markets rather than purchasing an annuity. The challenge for the industry is how to provide such products that provide sustainable income through retirement...

The Chancellor has told the House of Commons that 60,000 savers have taken advantage of the pensions freedoms that came into force in April.

The Association of British Insurers (ABI) has hit back at proposals that providers would be "named and shamed" for not offering the full range of pension freedoms.

The government has warned providers it is their responsibility to deliver the options promised by the ‘freedom and choice' reforms.

Natasha Browne takes a look at some of the proposals for a successful secondary annuity market as the consultation closes

Should pension providers be forced to offer the full range of freedom and choice products to consumers? Natasha Browne investigates

An industry-wide defined contribution (DC) scheme for maritime employers and employees will launch on 1 August, providing full access to the recently-introduced pension flexibilities.

Prime minister David Cameron has vowed to keep a watchful eye on pension providers to ensure they do not hike up charges in the wake of the freedom and choice reforms.

Thomson Reuters is overhauling its DC default offering and is set to offer in-scheme drawdown following the introduction of pension freedoms.

Friends Life will not be offering its customers the uncrystallised funds pension lump sum (UFPLS) option under the freedom and choice reforms, the provider has confirmed.