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Right Annuity > News (Page 247)

Right Annuity News

May
31
2008
Lifetime Allowances under Pensions Simplification Rules

Now we have lifetime allowances under pension simplification rules. The 6th April, 2006 was an important date in the pensions industry, and it got tagged with the label ‘A-Day’. New tax regimes were brought in, and one was about statutory …

May
30
2008
Pension annuity rates

Pension annuity rates are published on a frequent basis to give you an indication of the range of rates typically available. A selection of annuity rates are available to you on exercising your open market option…the right you have to move your …

May
29
2008
Could there be a back-tax on pension annuity income

A hit for pension annuity income. Haven’t we heard enough about the Government and the 10p tax rate ? There could still be a problem for many households, including those drawing their pension. A problem which has gone largely unnoticed. …

May
29
2008
The Pension Advisory Service

This item is designed to give you an outline as to how The Pension Advisory Service (TPAS) operates. TPAS is the name given to an independent, free to use, service established by the Government to provide help and assistance on all matters …

May
29
2008
Defined Benefit Pension Schemes

Defined benefit pension schemes are those where the pension benefit at retirement is made available as a multiple of final earnings (typically). A very good scheme will pay out 2/3 rds final salary to a retiring employee, probably with annual increments, and …

May
28
2008
Alternatively Secured Pensions

Launched on the 6th April, 2006, A-Day for pensions, Alternatively Secured Pensions (ASP’s) are an alternative option instead of buying an annuity at age 75. This was a requirement before that date. ASP is a form of income drawdown, and is …

May
28
2008
Rising cost of UK pension annuities

A lot of research is done on the UK pension annuities market, as you would expect, and, in particular to the issue of longevity and its’ effect on the cost of providing pensions. Recent research conducted by KPMG shows that an …

May
28
2008
How this pension annuity quote service works

It is probably worth pointing out how this pension annuity quote service works and how it may differ from other annuity services. The marketing of the service is done via this website, so everything you need to know about annuities, including …

May
27
2008
Annuity companies and your annuity money

Quite a depressing news item. Having to tell you how mercenary some annuity companies can be with your hard earned money, and how they are deliberately selling you short with your annuity, by not making you awareof the true benefits of the …

May
27
2008
New entrant to enhanced annuity market

Other news items on this website have suggested the growth in the enhanced annuity market and the toughening stance of the Financial Services Authority (FSA) in respect of public awareness to the ‘open market option’. The industry is reacting to this, …

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