Gender equal annuities could boost scheme pensions

clock •

An ECJ ruling to equalise annuity rates for men and women could increase demand for scheme pensions, Hornbuckle Mitchell says.

The European court may decide on 1 March it is discriminatory to base actuarial projections on gender, outlawing traditionally lower annuity rates for women. Providers have warned the decision may lead to a reduction in men's annuity rates, rather than an increase in those for women, forcing them to turn away from annuities as a decumulation choice. However, Hornbuckle believes pension schemes may benefit if the ruling gets the green light. "Perhaps the most intriguing option could be to turn the spotlight onto Scheme Pension which will still be able to set income based on the indi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

PA Awards 2027: Last chance - entries close at midnight tonight

PA Awards 2027: Last chance - entries close at midnight tonight

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 18 September 2026 • 1 min read
Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Hear from Aberdeen, Aviva Investors, Clever, Downing, Fidelity, Quilter Cheviot, Rathbones

Professional Adviser
clock 08 September 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read