Comments for rightannuity

Comment on Flexible drawdown for protected rights by Talks to start on 10% pay cut request at Irish Examiner and Evening Echo

Talks to start on 10% pay cut request at Irish Examiner and Evening Echo — Thu, 29 Dec 2011 07:04:14 +0000

[...] forward."This story appeared in the printed version of the Irish Examiner Monday, September 20, 2010Talks to start on 10% pay cut request at Irish Examiner and Evening EchoMond…aff at the Irish Examiner and Evening Echo newspapers are to start talks on [...]

Comment on Public sector pension reforms by Union anger at ‘pay more, retire later’ pensions plan for public workers

Union anger at ‘pay more, retire later’ pensions plan for public workers — Fri, 09 Dec 2011 11:02:17 +0000

[...] prospect once again.Leader comment, page 34 Civil servants in Whitehall: Lord Hutton said claims of 'gold-plated' pensions w …ire later on smaller pensions threatened to spill over into [...]

Comment on Annuity quotes by alan gresty

alan gresty — Thu, 24 Nov 2011 08:11:32 +0000

This is a small sum coming from an option 32 pension, we would like annuity quotes

Comment on Annuity tables by Cheryl DeWolf

Cheryl DeWolf — Sun, 30 Oct 2011 04:18:19 +0000

I currently have money in a RRIF and have been losing money on it. I am wondering about an annuity. Can you advise the top 3?

Comment on Equitable Life and guaranteed annuity rates, continued by D.Jolly

D.Jolly — Sun, 22 May 2011 16:48:04 +0000

I am a guaranteed annuity holder who retired in Dec.2001
and never had the terminal bonus reinstated.Although not
in itself guaranteed,the bonus was always highlighted as
part of the Equitable Life ” great deal “.I am anxious to find out whether any of the £1.5 billion has been earmarked for people in my position.

Comment on An end to compulsory annuity purchase by Malcolm Williams

Malcolm Williams — Fri, 13 Aug 2010 11:13:52 +0000

What utter rubbish, you are one of the reasons that I voted Conservative for the first time.(you have to be Scottish!.)
1. It is my money.
2. You make no mention of having to purchase annuities when the bank interest rates ae so low – this can make a difference of 300%
3. What about my wife, currently the rates for joint life are ridiculous.
4. I have other funds including a serbs old age pension.
5. My wife has a pension.
6. Why should I Not be allowed to leave my money to my wife and/or children just because I have reached the age of 75. Should I die before I reach 75 everything is fine. For Christ’s sake what so special about the age of 75.
7. With such a low bank rate there are not any ‘better deals’
8. I am not a very wealthy retiree.
9. The vast majority have an open market option now.
10. You know nothing about me so who the hell are you to tell me what to with my own money?.
11. You are clearly a vested interest speaking on behalf of the finacial services industry who with the cooperation of the largely Scottish Labour goverment
pay themselves massive bonuses to legalise stealing money from old people.
12. By now you may have got my point.

Comment on Deflation and a RPI linked pension annuity by Tony Caruana

Tony Caruana — Tue, 23 Jun 2009 19:35:50 +0000

I am in the process of buying an RPI linked annuity with Canada Life. They quoted me on 28 May 2009 an annuity “increasing in line with the RPI. I accepted this quote in writing and transferred my money purchase fund to them by the stipulated date. Canada Life are now attempting to change the terms to read “the annuity will vary in line with RPI”. They did not bring this to my attention but fortunately I noticed the change – my IFA did not. I informed my IFA and Canada Life that I do not accept the change in the terms & conditions and I am insisting on the terms I agreed. Do not just rely on your IFA read the small print every time you receive updated documentation if if you think there are no alterations.

Comment on What might 2009 hold for pensions and annuities by Rhonda

Rhonda — Fri, 05 Jun 2009 13:04:14 +0000

I heard that if you want to take any lump sum from an annuity, that it had better be before October 2009 because after that date there will not be enough money to back the ins co and therefore you will only be able to get 50% of what the annunity is worth. Is that so?

Comment on Is the FSA’s Moneymadeclear getting into annuity advice? by Mr F Moore

Mr F Moore — Sun, 26 Apr 2009 06:57:35 +0000

Does the “page 101″ of the budget report give any indication that there may be some form of relaxation of the (present) rigid rule of having to take an annuity, or ceasing to take drawdown, at the age of 75 years. The Government’s financial borrowing has had a considerahe effect on annuity rates and has put those approaching 75 this year (as in my case) in a very difficult position.

Comment on Cash instead of pension annuities for small funds by albert frank brewer

albert frank brewer — Sat, 07 Feb 2009 13:52:38 +0000

Dear Sir i have a pension/ annuity the total fund being less than £16500 and is currently giving me an annual payment of £829 . I am 69 please could you advise me regarding the triviality rules yours faithfully A F Brewer.