Annuity

Retirement | 27 May 16

The UK Treasury has claimed a vote to leave the European Union could see almost £5,200 ($7,640, €6,835) wiped off the value of some pension pots.

Life | 21 Apr 16

The UK government has set out the rules and regulation for its planned secondary annuities market which will allow holders to sell their scheme back to a provider or onsell the income stream to an FCA-authorised buyer.

Tax & Regulation | 20 Apr 16

New rules proposed by the UK tax office for a planned secondary annuity market, expected to open in April 2017, will allow more people to participate than previously expected, experts said.

Companies | 4 Apr 16

British annuity providers Just Retirement and Partnership Assurance have completed a £1.4bn ($2bn, €1.8bn) merger which saw it relaunch on the London Stock Exchange Monday as JRP Group.

Retirement | 30 Mar 16

Nearly £6bn ($8.6bn, €7.6bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by the Association of British Insurers (ABI).