Annuity returns have dropped significantly during the last month, showing level annuity returns are coming under pressure, Alexander Forbes Annuity Bureau says.
The best level return, offered by Norwich Union, fell by £320 to £6440 per year. Income from index linked annuities also fell, with the best rate in April from Canada Life of £3880 per year being £40...
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