Annuity
Aegon set to sell annuity book to Rothesay – report
Rothesay Life, the UK-based insurer is in exclusive talks to buy Aegon’s £9bn UK annuity book, Reuters has reported.
Tax & Technical | 16 Dec 15
Retirement trends: The Twelve Days of Pensions
Embracing the festive season, Fidelity International presents to you “The Twelve Days of Pensions 2015”, outlining key retirement trends gleaned from customers calling its contact centre between July and November 2015.
Tax & Regulation | 15 Dec 15
New UK secondary annuities market greeted with caution
The UK financial services industry has cautiously welcomed the government’s plans to extend its pension freedoms and create a new secondary annuities market by giving more than five million people the ability to sell their annuity from 6 April 2017.
Tax & Regulation | 10 Dec 15
UK Gov’t to enforce advice requirement on annuity sales
The UK government has announced plans to make it mandatory for investors holding a sizeable annuity to seek financial advice before selling out of their scheme.
Retirement | 3 Nov 15
Billions withdrawn under UK pension freedoms, but common sense prevails
More than half of the funds being invested under the new pension freedoms have been invested in income drawdown products, with the remainder buying annuities, reports the Association of British Insurers (ABI).