Financial regulator the FCA is to conduct a major probe into Britain's annuity market, amid claims the "disorderly" state of the sector is ripping pensions off.
- Annuities are a one-off purchase that people make when they retire, which converts their pension savings pot into a fixed annual income for the rest of their lives.
- An array of different annuity types exist, including standard ones that most people tend to get and enhanced annuities, where people in ill health, can get higher payments.
More top news
Delicately worded memo by then press chief from 1985 is among cache of newly released documents from former PM's private files.
Cloud and showery rain may linger across the far northwest throughout Saturday.
Supporters of the British man who is awaiting release from Guantanamo Bay spoke to ITV News about their concerns for his health.