Flexible annuities: Can they work?

Rachel Dalton examines Steve Webb’s plan to make annuities more consumer-friendly

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Pensions minister Steve Webb has driven through a variety of reforms, but his latest hobbyhorse may be a step too far for the industry.

Now that auto-enrolment (AE), state pension reform and conversations on collective defined contribution (CDC) and flexible defined benefit (DB) are under way, Webb has turned his attention to annui...

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