One in eight people intending to purchase an annuity would not consider switching from their existing pension provider to another supplier, even if they could potentially gain additional retirement income.
Canada Life has appointed Peter Maddern as managing director of retirement, to succeed Tom Evans, who is leaving the business to pursue a new opportunity.
Expanding European life and pensions consolidator Chesnara has acquired Canada Life’s onshore bond arm.
More than two fifths (44%) of people in the UK have not written a will, nor are they currently in the process of doing so, according to new research.
Over two thirds (69%) of Britons believe retiring in our sixties will become a thing of the past, according to new research.
A quarter (22%) of UK adults are holding out for an expected inheritance before going ahead with a major life event, according to new research.
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