Archive

L&G doubles retail annuity sales, but PRT business slows in H1

More than £24bn of active PRT deals in UK, most of which to transact this year

M&G poaches chief risk officer from Hargreaves Lansdown

L&G readies for £20bn pension risk transfer deal

Solvency UK reforms will help broaden asset base, says chief executive Nigel Wilson

Prudential's pricing strategy stays resilient despite Covid-19

India and Indonesia are its biggest markets most exposed to the pandemic

Prudential grows profits, but warns coronavirus will dampen sales

Planning partial IPO for US annuity provider Jackson

Equitable Life winds-up with transfer to Reliance Life

Transferred with-profits policies will become unit-linked, but values will be enhanced

'Another one bites the dust' as Canada Life UK swoops on annuity provider Retirement Advantage

The M&A leaves just six UK annuity providers

UK annuity providers win six-month delay to implement "shopping around" rules

But advice on enhanced annuities is may not be prominent enough

Prudential joins Standard Life in reviewing non-advised annuity sales

Insurer's decision follows FCA's investigation on sales practices

LV= proposes ditching enhanced annuities to focus on drawdown

Pension freedoms, Solvency II and 'depressing' rates are culprits