Buy-in prices have fallen by up to 3% as a result of changes announced in last month's Budget, one consultant says.
The lifting of restrictions on how defined contribution (DC) savers can take their pot on retirement is expected to shrink the individual annuity market and increase competition for bulk annuity de...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
