Retirement

Insurer Zurich is to pass its £1.2bn legacy annuities business covering 28,000 clients to specialist Rothesay Life.

Malcolm McLean pays tribute to former pensions minister Steve Webb

Annuity specialist Just Retirement has reported sales are down by a fifth since the 2014 Budget that removed the need for people to buy its main product.

Royal London has reported a stark mix of success and disappointment in its first quarter results, with massive outflows from its investment business and soaring sales of its pension products.

(Unelected) Ros Altmann takes centre stage as pensions minister

Ros Altmann has been named as the next pensions minister replacing Steve Webb.

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Former pensions minister Steve Webb has thanked his supporters for their backing after the Liberal Democrat MP for Thornbury & Yate lost his seat at the general election.

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