The introduction of gender neutral annuity pricing will lead to an increase in the number of people looking to buy individually underwritten annuities, LV= says.
In March 2011 the European Court of Justice ruled that insurers can no longer price products based on gender. As a result, all insurers were forced to scrap gender-specific pricing by 21 December 2012....
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.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.