Prudential has signalled its bulk annuity volumes will reduce as new regulatory capital buffers will make it harder to make the business profitable.
Under Solvency II, which came into effect on 1 January, capital requirements for annuities are much higher for insurers than under the previous regime. Speaking at Prudential's investor day on 19 January,...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.