Just Retirement/Partnership merger raises enhanced annuity 'pricing concerns'

There are many considerations and questions that will arise from the recently announced £1.6bn merger of pensions providers Just Retirement and Partnership both from an adviser's and its clients' perspective. From an adviser's point of view, there could be a number of changes created by this partnership that I might, on the one hand, welcome - but on the other, be a little more concerned about. It is first worth considering the reasons from my perspective of how the market has come to this merger. The removal of compulsory annuitisation has de facto caused the significant cut in both ...