UK - Only a third of schemes seek the best annuity quotes and half do not offer enhanced or impaired life annuities, a new survey shows.
The survey by actuarial and consulting firm Aspen quizzed 64 trustees and found that although the average purchase price of an annuity was just under £30,000 only a third used specialist annuity ad...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
