You have a defined benefit pension? In the UK they've all gone contribution. So my pension is owned by me. I can buy an annuity from that but there's no reason

You have a defined benefit pension? In the UK they've all gone contribution. So my pension is owned by me. I can buy an annuity from that but there's no reason that can't be a service company owned by a person just like insurance. Again, it's solvable.