PRUDENTIAL could be usurped as the UK's leading annuity provider following Canada Life's "aggressive" move into the market, The Annuity Bureau believes.
Its latest figures show Canada Life as the top provider for single life annuities for women and joint life, and single life annuities with Retail Price Index escalation for women and joint life annuities...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.