It appears that the ‘unintended consequences’ of the pension freedoms will continue to roll on.
Action to protect benefits must be taken or divorcees could be left without a pension, says wealth manager.
Bulk annuity sales also fall significantly quarter-on-quarter.
Most of the firm’s legacy annuities were transferred in 2007.
Firm hires asset manager to provide risk graded multi-asset funds does bulk annuity deal.
Pension freedoms providing stimulus to sales of individual pension and drawdown facility, bosses claim.
Analysis & Opinion
When it comes to accessing pensions, it shouldn’t be advisers making the call, says Richard Bishop.
Anecdotal evidence suggests advised clients are making sensible pension decisions.
New generations of executives assume the demise of Equitable Life will not be repeated.
Wannabe transferees are seeking to bung you a backhander to get a fake advice letter.
More on Annuities
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May 11, 2015
Ahead of the debate please submit advance questions for our expert panel.
May 11, 2015
Were you sad to see former pensions minister Steve Webb MP go, or just glad the Mansions Tax isn’t on the cards?
May 07, 2015
Aviva sees annuity sales plummet 60 per cent following last year’s Budget changes.
May 05, 2015
Barriers to be removed after spike in quotation requests and revelations over fake advice letters.
May 01, 2015
More data supports equity release growth due to pension freedoms.
Apr 29, 2015
Aegon chief executive Adrian Grace said the company had looked at taking part but decided against it.
Apr 28, 2015
BM Solutions reveals buy-to-let stampede failed to materialise after rule changes allowing access to funds.
From Mortgages| Apr 27, 2015
Tailored Choice’s simplified underwriting process involves just 13 health and lifestyle questions.