Thousands of retirees hoping to take advantage of the end of compulsory annuitisation will find many insurance companies' systems are not yet ready to deal with the changes according to Annuity Direct.
As a worse case scenario Annuity Direct chief executive Bob Bullivant said retirees past their 75th birthday will have to move to another pension firm if they want receive income via new drawdown arrangements...
The Howden Group Pension Plan has completed a full pensioner buy-in with Legal & General (L&G), insuring benefits for around 2,000 members.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?
Concern about the potential impact on employer covenants has been rated the top risk for defined benefit (DB) schemes, according to a PTL survey.
Jonathan Stapleton says the DWP's progress on CDC is a welcome, and cautious, step forward.