Escalating annuities may 'short-change deferreds'

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UK - Deferred final salary scheme members could be short-changed unless trustees consider all annuity options in wind-up, HighamNobbs Consulting warns.

The firm says flat pensions – an annuity without annual increases – are likely to give deferred members better value in today’s market than escalating pensions. Partner Russell Agius said: “The ...

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