Schroders has been appointed as a partner by Utmost Life and Pensions (ULP) as it enters the bulk purchase annuity (BPA) market. Schroders will initially manage nearly £400 million of ULP’s annuity ...

Trustees considering the purchase of a bulk annuity will need to think carefully about whether this form of underwriting is the best approach for them. For example, if underwriting reveals a healthier ...

Mindell said his agency got wind of those plans in December and took steps to thwart the bulk purchase before it was made. "We got incredible intelligence that these groups were working and ...

Singapore-based Berge Bulk is buying a VLOC from Japanese shipowner NS United Kaiun Kaisha for $37m, according to brokers. Maritime data provider VesselsValue estimates the 250,800-dwt NSU Inspire ...

M&G has completed a £111m (€134m) bulk purchase annuity (BPA) transaction with the pension fund of an unnamed UK-based asset manager, securing the pension scheme benefits of 466 pensioners and ...

Since the corpus accumulated via the pension plan is used for the purchase of annuities, subscribers have a regular pension income post-retirement. This can provide much needed financial security ...

Annuities can be a valuable tool for retirement income planning, but determining the best time to buy one requires careful consideration. If you buy one too soon, you’ll lock up your money for ...

Annuities are a popular retirement strategy, and you can buy them from an insurance company with a variety of features, depending on your specific financial needs and goals. Here’s how to ...

Insurance and annuities sales topped a record £2.3bn in 2024, the firm said in its 2024 full-year financial results, published today (13 February). Bulk purchase annuities more than doubled sales ...

But these days, I’m not turning to products like annuities, CDs, or bonds to generate steady returns on my money. I’m turning to a high-yield savings account. And you may want to do the same.

You can buy an annuity when you gain access to your pension savings – at the moment that’s 55, due to rise to 57 by 2028. Fixed annuities – this has a guaranteed minimum rate of interest and ...