Displaying items by tag: Canada Life

The break-even point for retirees to get their money back from an annuity investment has fallen by five years as rates rise, according to Canada Life.

The Money Purchase Annual Allowance (MPAA) has created a pensions tax trap for millions of people aged over 55, according to new research.

Annuity rates have soared in 2022 as gilt yields rose and competitors vied for market position.

Average annuity rates have a hit a 14-year high and have increased by 52% in the past nine months, according to new data.

Two thirds of Britons have shared their goals for a good retirement with their family, according to a new report.

Easier divorce rules have fuelled a jump in online applications from couples splitting with this set to continue, a Freedom of Information request has revealed.

A surge in the registration of new and existing trusts with HMRC is expected ahead of the deadline of 1 September.

Almost three quarters (72%) of UK adults have never completed an expression of wish form for their pension.

The top 10 life and financial goals of Britons have been revealed, with 97% of people saying it is important to set key goals in life.

The ideal retirement income is £22,500 per annum, according to new consumer research.