Sales of enhanced annuities rose to £448m in the second quarter of this year, bringing the total sales in the first half of 2009 to £891m, Watson Wyatt research reveals.
On an annualised basis, first half sales would imply a market of close to £1.8bn in 2009, up from the record sales in 2008 of £1.4bn. Watson Wyatt said the dramatic growth in the number of people taking...
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.