If the government decides to abolish or alter alternatively secured pensions in the pre-Budget Report, pensioners will be left with no choice but annuities past the age of 75, but are these still a viable proposition?
The UK government's gilt issuing policy may not only be affecting annuity values but also the prospects of deferred members of pension schemes which are winding up.
Property funds which hold shares rather than physical property could be a more volatile investment, according to research by New Star.
A survey of the UK annuity market published by the Department of Work and Pensions (DWP) has highlighted potential risks for the insurance industry in dealing with longevity risk and long-term debt shortages.
MILLIONS OF investors in with-profits savings policies will have access to much clearer information on what their holdings are worth following the introduction of stricter disclosure rules for these notoriously opaque products, reports The Financial...
CAMPAIGNERS WILL gear up for a battle for government compensation for 85,000 people who lost pension benefits when their occupational schemes were wound up, reports The Financial Times .
THE COUNTRY'S THREE main business groups have slammed the Chancellor for overseeing a collapse in the country's international competitiveness and called on him to slash corporation tax in the Budget, reports The Daily Telegraph .
An increase in the level of government inflation-linked bonds may not be enough to satisfy demand by pension funds, claims Watson Wyatt.
WILLEM Buiter, a former member of the Bank of England's monetary policy committee and professor at the London School of Economics, yesterday called for an end to the regulatory regime that is forcing pension funds into buying long-dated government bonds...
ALL OF STANDARD Life's seven-million-strong global customer base could be offered shares in the company on a preferential basis next year, in a flotation deal much bigger than that initially considered, according to this morning's Scotsman .