Two thirds of unretired over 55s believe that it should be compulsory to receive financial advice at retirement, a poll found.
The Government should cough up the costs of the new retirement guidance service for the first year, a pensions firm believes.
The gulf in annuity rates between the top enhanced rates and bottom standard rates is 30%, according to new figures.
The retirement gap for the average retiree is nearly £6,000 per year, new research has shown.
A retirement planning study has found that more than eight out of 10 people underestimated how long they were likely to live after giving up work.
The FCA's review of annuities fails to go far enough and will be too slow to help thousands of retirees, a pensions director says.
MGM Advantage, the retirement income specialist, has analysed the number of customers who shop around among financial advisers looking to compare annuity rates.
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