Annuities

Supermarket giant Asda has chosen PwC to provide pension accounting services using Skyval for its defined benefit (DB) scheme.

Longevity assessment specialist MorganAsh plans to operate a 'central annuity bureau' in the second-hand annuity market.

UK retirees will suffer if 'freedom and choice' causes the collapse of the annuity market, says Tor Financial managing director David Harris.

The National Employment Savings Trust (NEST) has revealed plans to deliver in-scheme drawdown and deferred annuities in response to the ‘freedom and choice' reforms.

The pensions industry would support a cap on exit fees for defined contribution (DC) savers, according to research from PP.

A secondary annuity market would help with hedging longevity risk in defined benefit (DB) pension schemes, experts say.

Most annuity holders would resist the urge to cash in their policies on a secondary market despite concerns people had got a bad deal from insurers, according to research.

Natasha Browne takes a look at some of the proposals for a successful secondary annuity market as the consultation closes

Should pension providers be forced to offer the full range of freedom and choice products to consumers? Natasha Browne investigates

Could freedom and choice help deferred annuities make a comeback?