VARIABLE annuities will be highly successful in the UK but they will not "transform the retirement market", a Watson Wyatt debating forum decided.
A total of 80pc of senior executives taking part felt variable annuities – which offer a range of investment options, with their value varying depending on the performance of options chosen by the purchaser...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers