Death of annuities could become 'self-fulfilling prophecy'

Michael Klimes
clock •

Bad headlines about annuities in April 2015 could lead to a "tragedy" of people not buying them anymore according to Michelle Cracknell.

The Pensions Advisory Service (TPAS) chief executive said that calls to the organisation's helpline in April and May were expected to be about small issues. However, Cracknell warned that these ca...

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

Michael Klimes
Author spotlight

Michael Klimes

View profile
More from Michael Klimes

Five local authority funds to invest £100m in residential property

Jeremy Corbyn backs parliamentary pension divestment campaign

More on Law and Regulation

Government confirms no compensation will be paid to Waspi women over state pension age changes
Law and Regulation

Government confirms no compensation will be paid to Waspi women over state pension age changes

DWP finds delays to communicate state pension changes did not amount to financial loss

Martin Richmond
Martin Richmond
clock 17 December 2024 • 5 min read
ACA, APL and SPP issue update on Virgin Media case
Law and Regulation

ACA, APL and SPP issue update on Virgin Media case

Tripartite working party urges DWP to regulate to allow retrospective amendments

Jonathan Stapleton
Jonathan Stapleton
clock 17 December 2024 • 2 min read
Robin Ellison – We are all professionals now
Law and Regulation

Robin Ellison – We are all professionals now

PP’s regular columnist asks if we should really expect all sellers to have a fiduciary duty

Robin Ellison
clock 12 December 2024 • 10 min read
Trustpilot