Annuities Gender Equalisation

Annuity Industry Survey
Annuities will continue to have going forward despite product providers’ attempts to bring in new products and legislation allowing greater flexibility at retirement. and the gender equalisation directive, I suspect this is back of the queue. ... View Document

Pension Reform In Poland Impact On Retirement Incomes
– Equalisation of retirement ages at the level of 65 years There are still no legal regulations regarding annuities – Draft law, approved by government in 1999, allowed for using gender specific life tables ... Access Document

Pageflex Server [document: D-56373A03 00011]
Insurers must observe gender equality From 21 December 2012, annuities reduce, some may qualify for an enhanced rate if they adverse adjustment expected to stem from equalisation. Other ... Read Here

Gender Discrimination And Insurance
Annuities Women have generally received a worse annuity rate than men due to their greater if the premium might be expected to reduce due to gender equalisation then you could consider using a company that is already giving access to gender neutral rates. ... Fetch Document

INCENTIVE EXERCISES AND OTHER TOPICAL ISSUES A LAWYER’S ...
• Unisex annuities • Definition of money purchase • Small pots • GMP equalisation. Incentive Exercises – Enhanced Transfer Values • Legal and regulatory requirements • HM Treasury: - “the European guidelines on the Gender ... View Full Source

April 2012 Gender Equalisation
Gender Equalisation Julie Lavers, AV Trinity’s pension consultant, will no longer be able to take gender into account when pricing insurance policies and annuities. An annuity is one of a few types of income you can take from your pension fund. ... Doc Viewer

A Practice That Is About To Be Outlawed Thanks To A Landmark ...
It is all to do with the practice of gender-based pricing used by insurers to calculate the premiums we pay. But while the equalisation of motor premiums will make all the With life insurance and pension annuities, the difference in ... Get Doc

Update
EU Gender Directive With equalisation, women rates will be likely to increase. many female drivers, while male drivers could well see their premiums drop. Pension Annuities With pension annuities, there is an opposite effect. Men’s annuities could ... Document Viewer

Towerswatson.com Pensions Digest
ECJ sex equalisation ruling in insurance contracts 1 insurance premiums or benefits based on gender are contrary to the fundamental right to equal treatment laid down in European law. women as more men purchase annuities – trustees ... Access Doc

Financial Services Authority And The Financial Reporting Council
Improved longevity and also gender equalisation of male and female rates to take account of the ECJ ruling in 2011. 2.2 Earlier this year, we made rules that introduced the mortality basis proposed here for annuities, as it understates longevity. ... Read Content

Gender Directive - Financial Services Authority
Financial Services Authority Gender Directive January 2012 HM Treasury committed to consult on changes to the UK Equality Act to implement the judgment of the European Court of Justice (ECJ) last March which removes the ... Fetch Document

Buy-ins & Buyouts An Update
•Equalisation •Discretionary decisions Conduct benefit review Enhanced annuities •Detailed mortality data for use in assumption setting •Pre-purchase on an individual basis Deferred buyout •ECJ gender ruling ... Get Content Here

Response To Assumptions Consultation Apr11
Equalisation for GMPs. on pricing of annuities in the bulk buy-out market. The Board is also mindful of the Europen Court of Justice ruling on gender discrimination made on 1 March 2011 and the effect that this may have on annuity pricing. ... Return Document

Sexual Equality In Access To Goods And Services
Consequences of Gender Equalisation 9.7 50 Road Safety 9.10 50 Possible Exceptions to Gender Equalisation 9.11 50 Other Countries 9.14 51 Conclusions 9.19 52 CHAPTER 8: ARTICLE 4: GENDER AND ANNUITIES: A SPECIAL ISSUE FOR BRITAIN 8.1. ... Access Full Source

Why Are They Used And What Would Be The Implications Of ...
Section 5 focuses further on community rating and the role of Risk Equalisation in than 20 times that of gender for both life insurance and annuities12.  In the case of annuities, it is instructive to compare the unisex 13 life expectancy14 ... Access Doc

Men purchase most annuities and many have an attaching pension paid to their spouse if the man were to die first. to gain from any ‘equalisation’ in pricing. ® ECJ gender ruling – impact on annuities and employee benefits March 2011 1 Annuity rate (single life, no guarantee, ... Fetch Document

AVC Annuities . GAD Guidance (England and Wales) (91) AVC Death Benefits : AVC Lump Sum Death Benefits Equalisation of GMPs (89); Equalisation of GMPs Gender-Neutral Pricing . European Court of Justice: Gender-neutral pricing (94) ... Fetch Full Source

Agenda
Adviser charging and annuities. Contracting out . Gender Equalisation. Capped drawdown changes. Small funds proposals. Flexible drawdown and MIR. ABI OMO proposals. Auto-enrolment. RDR. Agenda. Headline changes. The Euro Vision. Staying invested. RDR and small pots. ... Read More

ECJ’s Gender Directive Ruling Insight
Of gender. This is likely to cause confusion among clients, premiums are higher but their annuities cost them less. Income protection will also be affected. Currently, equalisation. More importantly, it would avoid uncertainty in the ... Retrieve Document