Solvency II rules will force insurers to increase reserves and cut annuity rates by up to 20%.
Daily Mail Millions of people are set to see their future pension income cut by as much as 20% as new EU regulations set annuities plummeting. Deloitte research shows scheme members with a £1...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date