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January 2010 Archive

Get the best UK pension annuity rates in 2010

Posted on January 31st, 2010 in Annuity rates, Important considerations, Open market option.

Retiring this year? Then get the best UK pension annuity rates in 2010. Many people assume that they have to buy a pension annuity from their existing pension company who runs their pension plan. However, this is not the case, as you have the right to shop around for the best annuity rates when you retire utilising [...]

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Taking cash early; look out for pension annuity rates

Posted on January 30th, 2010 in Annuity rates, General.

If you’re looking to taking cash early; look out for pension annuity rates if you are on the younger side. Should you be taking your tax-free cash entitlement early, anyway? Let’s look at some of the issues to be considered. First, should you take your pension benefits at age 50 if you can? We’ve now got only a couple of months to [...]

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Don’t just look at best pension annuity rates

Posted on January 29th, 2010 in Annuity rates, General.

Older workers; don’t just look at best pension annuity rates and don’t simply opt for default pension annuities. It really is important that UK retirees look beyond the default annuity rates and products that their pension providers may offer to them, an expert has recently highlighted. According to Sun Life Financial of Canada’s (SLFoC) Mark Stopard, there may be a number [...]

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Enhanced annuity rates provider calls for flexible retirement age

Posted on January 28th, 2010 in Annuity rates, General.

MGM Advantage, the specialist enhanced annuity rates provider, is calling for a more flexible retirement age. As the House of Lords meets during this week, MGM Advantage supports the call for the UK government to scrap the retirement age. Craig Fazzini-Jones, from MGM Advantage suggests that people want to work beyond the current retirement age for all sorts of reasons, some because [...]

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Even the best pension annuity rates aren’t enough

Posted on January 28th, 2010 in Annuity rates, General.

Even the best pension annuity rates aren’t enough if you haven’t got a pension fund large enough to make buying an annuity worthwhile. The average retired UK households, especially those between 65 and 74, should possibly consider debt management advisers to find the extra £429 each year to maintain the standard of living they enjoyed a year ago. At [...]

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Best annuity rates are impaired life annuity rates for lung cancer

Posted on January 28th, 2010 in Annuities for ill health, Annuity rates, Enhanced annuity, Important considerations.

The best annuity rates are impaired life annuity rates for lung cancer, and need to be investigated if you are unfortunate to be suffering from such a serious illness. If you have a personal pension plan you may be able to increase your pension annuity income when you decide to take your pension benefits because you have such a lung condition. [...]

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Pension annuities and alternatives to getting the best pension annuity rates in 2010

Posted on January 27th, 2010 in Annuity rates, General, Income drawdown.

This article is about pension annuities and alternatives to getting the best pension annuity rates in 2010; some alternative retirement options. Although a basic annuity will be suitable for most people, there are alternatives available for those with larger pension funds and a willingness to take higher risks. The main two options are an investment linked annuity and [...]

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Gilt yields good for UK pension annuity rates, but..

Posted on January 27th, 2010 in Annuity rates, Important considerations.

Gilt yields good for UK pension annuity rates, but..and there is a but. The dangers posed to savers and investors by the falls in gilt values far outweigh the risk of rising ongoing inflation, according to Martin Bamford of IFA, Informed Choice. The recent surge in the Consumer Price Index (CPI) to 2.9% in December marked its highest spike [...]

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UK annuity rates fell by 1.5% in the last half of 2009

Posted on January 27th, 2010 in Annuities for ill health, Annuity rates, Enhanced annuity, General.

Annuity rates might be on the up in 2010, but UK annuity rates fell by 1.5% in the last half of 2009, according to some fresh research from MGM Advantage. It revealed that rates for pension annuities fell over the past 6 months of 2009 by an average of around 1.5%. The fastest falling annuity rates are standard [...]

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Postcode annuities can lead to the best pension annuity rates

Posted on January 26th, 2010 in Annuity rates, Important considerations.

Postcode annuities can lead to the best pension annuity rates, or not, depending on where you live. Annuity rates are now being calculated differently by some major UK insurance companies (the annuity providers) in that they now take postcodes into account. Where you live can actually have a big impact on how long you will live [...]

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