Annuity market recognises need for 'radical rethink'

Jenna Towler
clock •

A "radical rethink" is underway in the annuity market following the sweeping Budget changes but concerns over fund depletion remain, according to Equinity Paymaster.

An industry-wide poll from the pension service provider showed 75% of annuity player believe the products remain fit for purpose at retirement, but half were unsure if annuities will remain the pro...

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

Industry 'short on time' to deliver VfM framework

Industry 'short on time' to deliver VfM framework

Experts say industry, government and regulators must collaborate ‘at pace’

Martin Richmond
clock 16 September 2026 • 6 min read
XPS finds wide disparities across UK LTAF market

XPS finds wide disparities across UK LTAF market

Research finds gap of around 5% p.a. between LTAFs with highest and lowest returns

Martin Richmond
clock 16 September 2026 • 2 min read
Guaranteed income integration critical to guided retirement success

Guaranteed income integration critical to guided retirement success

Research finds annuitisation rates of 55% to 60% are possible without compulsion

Jonathan Stapleton
clock 16 September 2026 • 5 min read
Trustpilot