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Annuities

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  • Wednesday, 10 February, 2021
    Next Act
    Is there still life in the annuities market?

    Tomorrow’s retirees want guaranteed income — but not at any price

  • Wednesday, 2 December, 2020
    UK insurance industry
    UK Court of Appeal overturns £12bn Prudential ruling

    Decision clears way for insurers to rid themselves of old businesses

  • Thursday, 22 October, 2020
    Special ReportFT 401 Retirement Advisers
    Secure Act aims to boost the appeal of annuities in retirement plans

    Guaranteed income in old age makes sense but stumbling blocks remain for sponsors and workers

  • Wednesday, 29 April, 2020
    Maike Currie
    Five ways to protect your post-pandemic pension pot

    How will your retirement finances change BC and AC — before and after coronavirus?

  • Friday, 4 October, 2019
    Q&A
    Prudential mis-selling: are you eligible for compensation?

    Provider reviewing 183,000 annuity sales after being fined by regulator

  • Wednesday, 2 October, 2019
    Prudential PLC
    Prudential/policy transfers: switch snitch Premium

    Retirees do not expect a pension group they chose for supposed stability to flog their life savings

  • Monday, 30 September, 2019
    Prudential PLC
    Prudential fined £24m over annuity sales

    UK insurer rebuked over using large bonuses and spa breaks as staff incentives

  • Friday, 27 September, 2019
    UK insurance industry
    Rothesay Life and Prudential in £12bn appeal

    Decision to block annuity deal contains ‘material errors of law’

  • Sunday, 22 September, 2019
    Prudential PLC
    Court ruling on Prudential annuities deal poses dilemma for insurers

    Future transfers could be at risk unless ruling to block £12bn sale to Rothesay is overturned

  • Promoted Content
  • Friday, 13 September, 2019
    Merryn Somerset Webb
    Could ESG trump oil for older investors?

    Investing for good gains traction, but the yields on oil stocks remain compelling

  • Thursday, 5 September, 2019
    Q&AChart that Tells a Story
    Blow for pensioners as bond market rally hits annuities

    Savings pots producing much lower annuity incomes

  • Friday, 16 August, 2019
    Insurance
    High Court blocks Prudential’s £12bn annuities transfer to Rothesay

    Ruling raises questions about potential impact on future major deals in life insurance market

  • Wednesday, 7 August, 2019
    Legal & General Group PLC
    Legal & General highlights ‘huge opportunity’ in bulk annuities

    Insurer boosted by UK’s biggest ever bulk deal amid market boom

  • Tuesday, 23 July, 2019
    Personal Finance
    Standard Life fined £30m for mis-selling annuities

    FCA criticises insurer for some telephone sales practices between 2008 and 2016

  • Friday, 3 May, 2019
    Mortgages
    Equity release: how to squeeze money out of your home

    Record numbers use the value tied up in their property to fund retirement

  • Thursday, 18 April, 2019
    Financial services
    Ohio National faces down commission lawsuits

    Broker-dealers are at loggerheads over scrapped payments

  • Sunday, 9 December, 2018
    Pensions industry
    Bulk annuity pension deals set to hit £30bn in 2019

    UK companies rush to pass on unwanted schemes on to insurance groups

  • Monday, 8 October, 2018
    Pensions crisis
    Legal & General seals £2.4bn deal for Nortel pension plan

    Insurer takes on Canadian group’s UK liabilities after funds boosted by insolvency case

  • Thursday, 27 September, 2018
    Companies
    Rothesay Life buys £860m equity release portfolio

    Insurer agrees deal with UK ‘bad bank’ for 6,200 loans from legacy books of failed lenders

  • Thursday, 13 September, 2018
    Companies
    Legal & General takes on £4.4bn in BA pension liabilities

    The deal, which covers 22,000 pensioners, is the UK’s biggest bulk annuity buy-in

  • Wednesday, 4 July, 2018
    UK insurance industry
    Bulk annuity market set for record year

    £18bn of pensions promises expected to be transferred to insurers this year

  • Sunday, 27 May, 2018
    US financial regulation
    Trump rule change set to revive US savings product

    Some experts say variable annuities are too complicated and offer a poor deal for consumers 

  • Friday, 18 May, 2018
    Merryn Somerset Webb
    Secret pension transfers add misery to grief

    Check that your spouse hasn’t freed their pension and spent the lot

  • Monday, 19 March, 2018
    Inside BusinessSujeet Indap
    Insurance is a honeypot for alternative asset managers

    Groups attracted to sector that offers access to permanent capital and private credit

  • Friday, 2 March, 2018
    Insurance
    Rothesay Life leading bidder for £12bn book of annuities

    Prudential in talks over sale of portfolio likely to be worth £1bn-£1.5bn

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