Conventional annuity rates have dropped 7% since June and enhanced rates have fallen 5% in the same period, according to analysis from provider MGM Advantage.
The firm said these were the largest quarterly drops recorded by its Annuity Index since it started tracking rates in August 2009. Overall rates have dropped by 20% since August 2009, it added. Aston...
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There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.
Pension Buzz respondents have disputed Lord Myners' arguments that asset owners, including pension funds, are substantially to blame for short-termism in business.