Growing demand for enhanced annuities is increasing "downward pressure" on standard rates, latest research from Watson Wyatt reveals.
The consulting firm said that sales of enhanced annuities exceeded £1bn for the first time in 2007 – up by 35pc on 2006 and an increase of 161pc since 2001. And it said the dramatic growth in the number...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).