Budget 2014: Specialist annuity providers see shares slump

clock

Life insurers and specialist annuity providers saw share values fall after Chancellor George Osborne unveiled reforms to income drawdown.

Osborne revealed that restrictions on accessing drawdown will be relaxed (PP Online, 19 March). Annuity provider Just Retirement group plummeted 35.88%, while Partnership Assurance Group, a prov...

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

More on Investment

SPP: Is there a place for productive assets in workplace pensions?

SPP: Is there a place for productive assets in workplace pensions?

David Will assesses the long-term potential of private assets within workplace pensions

David Will
clock 25 April 2025 • 2 min read
XPS publishes annual fiduciary manager report

XPS publishes annual fiduciary manager report

Variation seen in performance during first and last quarters of 2024

Jasmine Urquhart
clock 22 April 2025 • 1 min read
PRA launches consultation to enable insurers to accelerate UK investment

PRA launches consultation to enable insurers to accelerate UK investment

Framework looks to reduce barriers to enable insurers to benefit from investment opportunities

Martin Richmond
clock 16 April 2025 • 2 min read
Trustpilot