Rothesay Life has lodged an appeal against the High Court's decision to block the £12bn transfer of Prudential's annuity book.
The appeal - submitted today (27 September) to the Court of Appeal - will be on the basis that the judgment in the High Court "contains material errors of law", and should "therefore be reconsidered",...
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
Only one in ten opt for an annuity
Scheme pays or not scheme pays?
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams