ANNUITY providers should have more freedom over how they invest their funds to give customers better rates, a consultant says.
Smith and Williamson director Mike Fosberry said the government should review the way annuity company guarantees are backed as bond yields remain near all-time lows. Fosberry added: “In a way, ...
To continue reading this article...
Join Professional Pensions
- 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