Annuity Selling and Mis-Selling

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More than 100,000 savers may be due compensation due to the way they were sold annuities. If you think you might be one of them, what should you do? Stuart Bayliss of the Better Retirement Group explains. A new report claims that defined benefit pension schemes are in extremely good financial shape. If that's the case why do we always seem to be hearing about deficits and disaster? Rob Hammond, a Partner at First Actuarial, and Professor David Blake, Director of the Pensions Institute at Cass Business School, discuss. Asking job seekers to attend regular meetings, hit certain targets and then imposing benefit sanctions on those who don't could be counterproductive. That's according to a new report from the Behavioural Insights Team, the so called Nudge Unit. Paul speaks to its chief-executive David Halpern. And this week the government abandoned plans to let pensioners raise money by selling their annuities. But the former pensions minister Ros Altmann tells Moneybox why she believes some of those who bought annuities worth less than £10,000 may still be able to sell. Presenter: Paul Lewis Reporter: Ed Davey Producer: Joe Kent Editor: Richard Vadon.