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 top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point