Gender neutral rate switch will lead to surge in individually underwritten annuities

Jonathan Stapleton
clock

The introduction of gender neutral annuity pricing will lead to an increase in the number of people looking to buy individually underwritten annuities, LV= says.

In March 2011 the European Court of Justice ruled that insurers can no longer price products based on gender. As a result, all insurers were forced to scrap gender-specific pricing by 21 December 2...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Aon DC tracker shows increase in Q2 retirement outcomes

Aon DC tracker shows increase in Q2 retirement outcomes

Tracker rose from 67.9 to 70 driven by increased in expected future pre-retirement returns

Martin Richmond
clock 04 July 2025 • 3 min read
WYPF makes £25m commitment to nature infrastructure fund

WYPF makes £25m commitment to nature infrastructure fund

Rebalance Earth’s fund monetises ecosystems such as flood mitigation and water purification

Holly Roach
clock 30 June 2025 • 2 min read
UK will become 'global innovator' in retirement income solutions, People's Pension says

UK will become 'global innovator' in retirement income solutions, People's Pension says

CIO predicts UK will be ‘country to watch’ when it comes to retirement products

Martin Richmond
clock 27 June 2025 • 1 min read
Trustpilot