Category Archives: Enhanced annuity
30
2008
Should the terminology surrounding annuity options at retirement be clearer? Should the term ‘open market option’ (the option to shop around for a better annuity rate) be replaced with something that clearly spells out the value of shopping around. Many do …
29
2008
It is fair to say that retirees are often not being offered the right annuity. All too often they get an annuity under a ‘one size fits all’ guise, which is clearly wrong. Insurers should provide customers with annuity options …
27
2008
With the annuities market now growing year on year, and with pensions being more important than ever, the Financial Services Authority (FSA) is investigating the annuity market place and the insurance companies involved. Concerns are that insurers are not doing …
27
2008
A fact about your pension annuity: Did you realise that annuities are probably one of the least popular and most misunderstood aspects of retirement among ordinary investors. There is a small minority that don’t like annuities. If you die in …
27
2008
Getting the right annuity is crucial, because there is an awful lot to be lost by taking the wrong pension annuity at retirement. Failing to shop around and exercise the Open Market Option to purchase an enhanced annuity with the …
26
2008
The UK annuities market has tripled in size in the last 15 years. It is the largest market in the world with nearly 300,000 new annuity contracts written in 2005 and premiums totalling around £8 billion. It is at the forefront …
26
2008
A pension annuity is almost a personal calculation of your own longevity. If there’s a history in your family of people not lasting long after they’ve retired, then go for the level rate annuity and see if you can ramp …
25
2008
In this item consideration is being given to protecting your pension annuity under the ‘value protected’ annuity option, which became available from the 6 April, 2006. Consider a married couple. He has been diagnosed with a form of cancer. She is …
21
2008
Here we highlight your choice of annuities: First, you have single-level annuities. These are the simplest type of annuity. They pay out exactly the same amount to an individual (the “annuitant”) every month until the annuitant dies. Guaranteed annuities pay out …
21
2008
The Lib Dems are campaigning the Government for changes in pension legislation, especially with regards to pension annuities. They want the Financial Services Authority (FSA) to ensure that annuity providers point out the availability of enhanced annuities to those approaching retirement. …


