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