Strong bulk annuity sales have helped plug losses incurred in Prudential's individual annuity business, its half-year results show.
The insurer said there has been "considerable disruption" to retail annuity sales in the wake of the Budget 2014, with its own sales down 43% to £63m. Its UK profits were buoyed by four bulk annuity...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.