EU Solvency II rules set to slash annuity payments by up to 20%

Jonathan Stapleton
clock •

Solvency II rules will force insurers to increase reserves and cut annuity rates by up to 20%.

Daily Mail Millions of people are set to see their future pension income cut by as much as 20% as new EU regulations set annuities plummeting. Deloitte research shows scheme members with a £1...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jonathan Stapleton
Author spotlight

Jonathan Stapleton

View profile
More from Jonathan Stapleton

LifeSight onboards to dashboards ecosystem as Pension Fusion completes OAT

Legal interpretation argues trustees can take broader view of fiduciary duty

More on Defined Contribution

Partner Insight: Building a reliable income for life in decumulation for DC members
Defined Contribution

Partner Insight: Building a reliable income for life in decumulation for DC members

Philip Smith, DC Director of TPT Retirement Solutions
clock 04 March 2025 • 5 min read
Gender pensions gap to 'keep rising', Broadstone says
Defined Contribution

Gender pensions gap to 'keep rising', Broadstone says

More women are ‘contributing less’ to DC pots, with men having pots double the size

Jasmine Urquhart
Jasmine Urquhart
clock 11 February 2025 • 2 min read
Partner Insight: European ABS - A compelling tool for DC default strategies
Defined Contribution

Partner Insight: European ABS - A compelling tool for DC default strategies

Asset-backed securities are often a misunderstood asset class, despite having many compelling characteristics including a potential return premium and a defensive capital structure. These, in our view, make them well-suited as a tool for inclusion in...

M&G Investments
clock 12 December 2024 • 3 min read
Trustpilot