UK - PricewaterhouseCoopers has warned the government Inland Revenue plans to introduce flexible annuities will be "irrelevant" to ordinary savers.
The consultant said it was concerned about the growing complexity of annuity design rules which was something that would “only interest the wealthy”. PwC partner John Shuttleworth explained that...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date