Buy-in prices have fallen by up to 3% as a result of changes announced in last month's Budget, one consultant says.
The lifting of restrictions on how defined contribution (DC) savers can take their pot on retirement is expected to shrink the individual annuity market and increase competition for bulk annuity deals....
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.