The Weekly Wrap: August 8 edition

A round-up of pensions and investment stories published across the FT Group – from a drop-off in profits for many annuity providers in the wake of the financial crisis, to the Bank of England holding interest rates in place for another month.  

Plus the week in numbers:

• 49% slump in the sale of individual annuities in the UK this year
• £2bn the fall in payments by UK FTSE 100 companies into staff pensions 
• Proposed lifetime Isa scheme calls for 50p to be committed by the Treasury for every £1 deposited

Most read on pension-expert.com

Unilever sees 26% opt-out from AE joiners on tax grounds
Time is running short. Regulators must provide detail on how to implement DC reform
'Oversharing' is good. A scheme guide for dealing with the regulator
Newly defined money purchase plans wake up to actuarial and comms obligations
How to educate DC members on retirement 2.0

And this week's social media comment defined contribution members' attitudes toward their investments. 

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