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Annuity sales outstrip drawdown for first quarter since freedoms launch

The last three months of 2015 saw providers sell more annuities than drawdown products for the first time since the pension freedoms were launched, according to the Association of British Insurers. ABI director general Huw Evans told Parliament’s Work and Pensions committee Q4 saw members of the trade body sell 21,000 annuities, compared to 19,500 […]

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Kim North: Drowning in a sea of consultations

Benjamin Franklin once said, “You may delay but time will not.” How relevant, with such a busy time ahead of us. Next month’s Budget is expected to remove higher rate tax relief from pensions and the FCA is conducting reviews and consultations at a rate I have never seen before. In fact, there is so […]

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In Focus — February 2015

Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.

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