Uses blended approach combining drawdown strategies with a later-life annuity

Full scheme buy-in secures the benefits of 51 pensioners and 12 deferred members

Broadstone review of BPA market found capacity is driving competitive pricing

Experts urge commission to be ‘bold’ in its recommendations and focus on adequacy

DWP said the incomes of retirees is ‘set to fall’ if nothing changes

Barnett Waddingham says firms will miss out on additional value if they access surpluses too soon

Pledge was made during discussions on reform to the Solvency II framework

Chancellor provided no update on the Pensions Review and no clarity around AE

Organisation said the industry must ‘fully understand’ terminology and implications

The pledge will commit employers to prioritise net returns, not just cost