GE Life has lengthened the guarantee period of its annuity quote and is calling on rival providers to follow suit, as implementation of the Distance Marketing Directive could affect the annuity rate offered.
Pensions specialist, Winterthur Life has warned delays to simplification detail will block IFAs providing absolute advice.
FTSE 100 employers' pension deficits have increased by and aggregated £8bn over a three-month period even though there is an apparent recovery in the equity market, research suggests.
French Bank BNP Paribas is launching a new concept in institutional corporate bond investment which is designed to combat some of the problems pension funds have with investing in corporate bonds.
Product providers signed up to the PASS Fees agreement are prepared to pay a one-off additional contribution to the FSCS levy worth £1.5m.
Lipper, the Reuters fund information supplier subsidiary, has won the tender to provide the ABI with data to beef up monitoring of investment classifications for life and pension funds.
New research has highlighted an increasing gap between ‘expectation and reality' individuals have regarding their pension schemes.
Technology provider Dunstan Thomas' latest survey of IFAs, pensions administrators and providers suggests they face a herculean effort in order to overcome the challenges of A-Day.
Research suggests there is as much as a 30% difference between the best and worst annuity rates in the market, says GE Life.
Proposals by Work and Pensions Minister Alan Johnson to automatically opt people into pension schemes appears to be in contravention of pending EU legislation, point out pensions experts.