The secondary annuity market may fail to emerge and even if it does many people will struggle to make well-informed decisions, according to the Institute for Fiscal Studies (IFS).
The think tank is concerned the government's intention to allow people to sell their annuities from next April will not create a "new utopia" for the UK's 5 million annuitants. IFS researcher Gemma...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.