Annuities

An overwhelming majority of millennials are considering including annuities in their retirement strategies according to research.

Smaller schemes are increasingly looking to benefit from longevity de-risking opportunities offered through swaps and bulk annuities, accordingly to JLT Employee Benefits.

PP looks at the importance of independent advice when doing a buy-in or buyout.

The biggest stories this week were backlash over Bentley's plans to pass NI costs onto DB members, Rothesay Life buying two-thirds of Aegon's bulk annuity book, and speculation over the future of the British Steel scheme.

Aegon has sold a £6bn UK annuity portfolio to Rothesay Life in a bid to focus on expanding its investment platform.

PP looks at how the Just Retirement and Partnership merger could impact market competition.

Robin Ellison asks whether our approach to risk needs to change.

People will not save enough unless government forces them to according to PP research.

Volatility of bulk annuity pricing is likely to continue in the coming months amid difficult market conditions according to Aon Hewitt.

Annuities are beginning to see a revival, as retirees shun drawdown and cash withdrawals for a guaranteed income, latest figures from the Association of British Insurers (ABI) have shown.