LV= has said it will not launch into bulk annuities this year so that it can focus on its core strategy, but remains interested in the market.
Prudential has seen a 46% fall in individual annuity sales during 2015 following the introduction of the April pension freedoms.
As the EU referendum looms closer it is entirely possible the UK could end up leaving Europe. Kristian Brunt-Seymour finds a Brexit could be both good and bad for pensions.
Scottish Widows' life and pension sales have risen by 10% since 2014 on the back of £2.8bn from its first two bulk annuity deals.
Michael Walker has been appointed principal consultant in Aon Hewitt's risk settlement group.