A GROUP comprising the major providers of enhanced and impaired annuities has agreed on a common quotation request form in a bid to simplify and speed up the application process.
Individuals and advisers requesting offer terms will now only have to fill in one generic form to get quotes from each of the participating providers – which includes GE Life, Norwich Union, Partnership...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.