The High Court has approved Royal London's plan to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot.
In April, the provider announced plans to offer an "actuarially fair exchange" for GARs in a bid to stop policyholders throwing away the value of the guarantees - noting Financial Conduct Authority (FCA)...
‘Gareth Southgate Wealth Management’
Questions raised over govt role in dashboard
PA Awards deadline is 28 September