Canada Life

Canada Life research finds annuity sales increased by 100% compared to H1 2022

Full scheme transaction covers all pensioner and deferred members

Transaction secures the benefits for approximately 570 members

Payback period on a benchmark £100,000 annuity today is 14.5 years

Industry dubs latest HMRC figures ‘absolute disgrace’ as more than £1bn is repaid to savers

PP brings together all the appointments in the pensions industry over the past week

Lifetime allowance on pension saving scrapped in yesterday’s Budget

Disclosure of health conditions can lead to “significantly” improved income, analysis finds

Aegon, Fidelity, and AJ Bell are also among the top ten

The deal was completed in March and covers 93 pensioners