Displaying items by tag: annuities

Average annuity rates for a healthy 65-year-old have increased by around 2.5% since January, according to the latest Standard Life Annuity Rate Tracker.

Mutual pensions firm and life insurer Royal London has today confirmed its entry into the bulk purchase annuity (BPA) market.

There's an urgent need for better at-retirement support, according to former pensions minister Steve Webb, who has called on the FCA to speed up its advice/guidance review.

There was a record high in demand for annuities among advisers in the first half of the year, according to figures published today by pensions technology provider iPipeline.

Over four in five retired annuity holders who would likely qualify for an enhanced annuity do not currently have one, according to new research.

I’ve just received a very optimistic-sounding email from HMRC entitled, "A happy new tax year starts here.”

A 65-year-old with a £100,000 pension could get themselves up to £7,430 per year from an annuity, the highest since last October, according to data from Hargreaves Lansdown.

In the immortal words of the legendary French singer Maurice Chevalier, “Ah yes, I remember it well.” In this case, the rather incorrect prediction of the death of annuities.

The annuity market is buoyant as the Bank of England’s rate pause has encourage people to take the plunge, according to Hargreaves Lansdown.

In the last two years annuity rates have risen by more than half, according to Canada Life, giving a 65-year-old with a £100,000 annuity an extra £2,500 a year.