Punter Southall Aspire has called on employers to do more to support employees approaching retirement, amid a disparity in annuities that has been made more apparent following an increase in rates.
This comes as Standard Life analysis revealed annuity rates have increased by 50% since the start of the year from 4.66% to 7.04%, while Just Group found a 16% gap in income between the worst and b...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
