Displaying items by tag: annuities
Wednesday, 25 September 2019 13:00
Nearly 1 in 2 pension holders shun advice when accessing pots
The FCA's latest Retirement Income study, published today, has revealed that nearly half of pension savers have accessed their pension pots in the past year without taking regulated advice or guidance.
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Tuesday, 30 July 2019 10:44
LEBC reveals 17% increase in pension pot values
National advisory group LEBC has seen the pension pots of clients buying an annuity grow for a sixth successive year.
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Monday, 08 July 2019 11:16
1 in 5 retirees are ‘pensioner millionaires’ study finds
Analysis of Government figures by pension and investment firm Aegon has found there are 840,000 retired couples in the UK who have a weekly income which would cost more than £1.15m if bought as an annuity.
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Wednesday, 06 March 2019 14:45
SIPPs remain top 3 pension product with advisers
SIPPs remain a top three pension product recommended by financial advisers, according to a new survey by Defaqto.
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Thursday, 07 June 2018 15:42
Most pension savers prefer ‘annuities’ to alternatives
New research from wealth management and Financial Planning group Tilney has revealed that most people remain in the dark about what to do with their pensions on retirement but most still want the ‘certainty’ of an annuity-style income.
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Friday, 02 March 2018 17:01
Annuity 'shop around' rules come into effect
Firms are now obliged to inform consumers how much they could gain from shopping around for annuities under new rules which take effect this week.
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Wednesday, 03 January 2018 13:21
Canada Life completes Retirement Advantage takeover
The Canada Life Group has completed its acquisition of rival provider Retirement Advantage, a provider of annuities, equity release and other retirement products.
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Friday, 27 October 2017 09:36
Pension Freedom users fear running out of money
Nearly half of Pension Freedom users say they fear running out of cash in retirement, according to new consumer research from SIPP and platform provider AJ Bell.
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Wednesday, 12 July 2017 10:15
Pension freedoms may be causing new problems, warns FCA
The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
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Thursday, 01 June 2017 11:37
FCA tells advisers to inform clients on best annuity rates
Advisers will be asked to tell clients that the annuity they are being recommended may not produce the best annual income if the firm lacks details of all market rates.
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