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...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.