SALES of enhanced annuities in the UK exceeded £1bn for the first time in 2007, latest research from Watson Wyatt reveals.
The consulting firm said sales were up by 35pc from 2006 and have increased by 161pc since 2001. And it said the dramatic growth in the number of people taking out enhanced annuities – which provide...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.