Analysis finds 14% annuity gap costs retirees on moderate income up to £27,000
The deal secures the benefits of the scheme’s remaining 82 uninsured members
The firm put the growth largely down to its proprietary bulk quotation service
PP brings together all the people moves in the pensions industry over the past week
Research found just one in three pensions accessed were done so after receiving advice
The best guaranteed income plans generated an additional 16% income in retirement
The firm has launched a series of videos to help trustees with the transition process
PP brings together all the people moves in the pensions industry over the past week
The full scheme buy-in insures the benefits of 4,800 pensioner and deferred members
Around half of the liabilities of the scheme were reinsured to minimise capital strain