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Displaying items by tag: annuities

Friday, 23 January 2015 10:30

Annuity rates take a plunge since last summer

Annuity rates have plunged since the summer, a study has shown.
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Plans to allow the resale of existing annuity contracts increase the danger of people getting misled by fraudsters, a Sipp provider has warned.
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A pensions expert believes an idea floated by Pensions Minister Steve Webb for the resale of existing annuity contracts will never work.
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Thursday, 04 December 2014 14:22

Annuities change unfair, pension firm director says

A director of a pensions firm has suggested a change to annuities announced in the Autumn Statement
 was unfair.

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Wednesday, 03 December 2014 14:10

Pensions expert welcomes annuity death benefits move

A pensions expert has welcomed a move in the Autumn Statement today to bring annuity death benefits into line with drawdown.

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More people would find it easier to explain the existence of ghosts and detail the offside rule than would be able to describe annuities and pensions.

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The gap between the best and worst annuity rates is widening, according to new analysis.

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The total UK 'at retirement' market has been forecast to more than triple in size in the next 10 years, with annuity sales still high despite taking a hit in 2014.

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Annuity rates have had their first monthly rise since the bombshell Budget announcements, new figures have shown.
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Partnership has announced that it will shed 100 jobs as part of cost cutting measures linked to the overhaul in the pensions system arising from the Budget.
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