The difference between the average purchase funds size for a lifetime annuity versus drawdown has grown almost three times bigger since the launch of the pension freedoms, research suggests.
A new Retirement Life Planning calculator for advisers to use with clients has been unveiled by AXA Wealth as part of a suite of tools being developed by the company.
Over half of people planning retirement are looking at alternative income such as buy-to-let, with a fifth showing scepticism about pensions.
Two thirds of adults aged 65-74 want to be working at least part-time in retirement, according to a study.
Thousands of retirees who plan to take advantage of the pension freedoms will be using funds to splash out on holidays of a lifetime, research suggests.
Criminals are getting ready to pounce on unsuspecting savers when the new retirement reforms take effect, a pensions expert has warned.
Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.
A pensions consultancy firm has predicted the average retiree is set to live on the poverty line.
A majority of UK employees expect to keep working beyond the age of 65, a new poll shows.
A retirement planning expert has called on the Government to avoid making further changes to pensions at next week's Autumn Statement.
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