Jack Jones looks at the impact of the first enhanced bulk annuity transactions to be completed
The Financial Services Authority's probe into the annuity market is long overdue and could be a welcome addition to the drive to ‘reinvigorate workplace pensions'.
Enrolling staff is only the first stage of workplace reforms.
The Financial Services Authority and its successor bodies may not be able to prioritise pensions standards if regulation were moved to a single body, Michael O'Higgins has said.
Insurance companies such as Standard Life and Resolution could lose out from a Financial Services Authority probe into the £11bn annuities market, analysts say.
Details of the thematic review of the £11bn annuity market have been revealed by the Financial Services Authority.
The annuity market will come under investigation by the Financial Services Authority later today when a major review is announced.
In the age of instant communications and wide-spread personal publishing, campaigns are easy to start. If you want to shout about something, a couple of tweets or a blog can get the message out there fast.
The Department for Work and Pensions has promised a better working relationship between the Pensions Regulator and the Financial Services Authority and said joint thematic reviews are planned.