Andy Briggs, CEO of Aviva UK Life, is to take over as chairman of the life and pensions providers' association the ABI in October.
ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.
A Sipp firm has reported a surge in enquiries from advisers about succession planning on behalf of their clients.
Sipp provider Suffolk Life has reported a significant increase in the number of capped drawdown applications in the lead up to 6 April when the opportunity to set up new plans disappears.