PM looks back over a year which saw the Nortel-Lehman and Marine Pilots cases come to trial and asks what 2011 may hold for the pensions law market

The world of buyout and buy-in has changed drastically in the past year. Some providers have dropped out of the market altogether (Aegon, Paternoster), while others have excelled in developing innovative longevity solutions. And despite the continued turbulence in the markets, all of the providers remain upbeat about the future of bulk annuity business.

Suspicion has long dogged this particular income-generating strategy, but an ageing population – among other things – are making it more viable

Despite prominent campaigns, retirees still seem reluctant to take up the OMO, which could reveal better rates for many over the long term

Though specialised in nature, TII is likely to become more important for all trustees if their schemes face failure

In PM’s first ever general annuities survey, Ruth Emery takes a look at the at-retirement market and asks why annuities are experiencing a renaissance