The Association of British Insurers has launched its compulsory code of conduct for members on providing information to customers about annuities.
The code, which members must implement by 1 March next year, requires them to: Provide clear and consistent communications to ensure customers are able to make informed and proactive decisions about...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.