Individual annuity sales at Legal and General (L&G) have fallen by more than half this year, and its bulk annuity business has failed to pick up the slack, figures show.
The firm's interim results, published today show individual annuity sales were down 53% year-on-year over the first six months of 2015, falling from £383m to £180m. This follows the Budget in March...
Clyde & Co has appointed Terry Saeedi and Matthew Ambler to its pensions team as partner and senior associate.
The government must find other ways to work out how to set the state pension age (SPA), says Adrian Boulding.
AA has launched a consultation with its final salary scheme members to revalue benefits in a career average section.
Over half of DB members that spoke to IFA transferred out last year, finds Willis Towers Watson research
A study has found 55% of defined benefit (DB) members who spoke to a financial adviser chose to transfer out to access the pension flexibilities in 2016-17, compared to just 36% the previous year.