Scheme members delaying annuity purchases

clock

Four-fifths of scheme members are postponing annuity purchases in the wake of the Budget reforms, according to research.

Almost 80% of pensioners are waiting for further information before making a decision, Hargreaves Lansdown's survey of 1,531 individuals found. Some 58% of respondents admitted they had put off...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Barnett Waddingham makes first connection to pensions dashboards ecosystem

Barnett Waddingham makes first connection to pensions dashboards ecosystem

Connection was made by consultancy’s integrated service provider, Equisoft

Holly Roach
clock 08 May 2025 • 1 min read
TPT to launch multi-employer CDC pension scheme solution

TPT to launch multi-employer CDC pension scheme solution

Provider will also develop single-employer CDC schemes for larger businesses

Jonathan Stapleton
clock 08 May 2025 • 2 min read
Last chance to register for our endgame webinar in partnership with Aon!

Last chance to register for our endgame webinar in partnership with Aon!

The webinar will look at ascertaining your schemes most appropriate endgame journey

Professional Pensions
clock 07 May 2025 • 1 min read
Trustpilot