Right Annuity News
24
2012
Annuity rates are still dropping. Indeed, some industry experts are suggesting that annuity rates are in freefall, they’ve dropped that much. Annuity rates have actually fallen around 9.3% over the past three years, meaning significantly less money for people about to …
24
2012
When it comes to buying a pension annuity, there is more to shopping around than just the price, you also need to get the right type of pension annuity. Pension annuities have long been the bedrock for retirement incomes, but now …
23
2012
Annuity rates are directly effected by gilt yields, and these yields have fallen to yet another record low as investors’ ongoing appetite for UK debt stays strong with the continuing eurozone woes we are witnessing currently. During recent trading, yields on …
22
2012
Whilst the ABI want people to get the best annuity rates at retirement, an important issue highlighted by the pension industry is how the whole issue might be policed – how can we make sure that insurers do the right thing and …
21
2012
Industry experts are keen on you getting the best annuity rates at retirement. Intelligent Pensions’ David Trenner believes that insurers should be encouraged to help people like you make accurate comparisons between different retirement products on the market and how your pension provider compares. Differences …
20
2012
A forthcoming consultation by the ABI about annuity rates and the use of the open market option has been welcomed by the pension industry. Fidelity’s Richard Parkin states that while we don’t have shopping around using the open market option as the default option at …
19
2012
In December last year the Association of British Insurers (ABI) looked again at the issue of annuity rates and launched a fresh consultation into improving customer awareness of the shopping around process for better annuity rates at retirement. Improving the …
18
2012
Let’s consider the reality of falling annuity rates. Partnership’s Steven Groves has thoughts on the House of Lords forthcoming debate on simplified advice. In a few days, Partnership’s Steven Groves will appear before the House of Lords along with fellow …
17
2012
Living Time is to come back to the retirement income market – possibly with a new type of annuity - in the coming months by launching a new at-retirement product that it states could move the market forward. Kim Lerche-Thomsen, their chief executive, …
17
2012
Friends Life, was Friends Provident, has agreed to make an additional annual annuity payment to an annuitant after a financial adviser complained that the insurance company had contacted the customer directly and sold him an annuity with lower rates than …
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