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Right Annuity > News (Page 3)

Right Annuity News

Jan
16
2012
No loyalty with annuity rates

When it comes to arranging your retirement income, don’t expect loyalty from your annuity provider, the company you’ve saved with over the years. It’s extremely unlikely that they’ll offer you the best annuity rates, and therefore the highest retirement income, when …

Jan
15
2012
Annuities and annuity rates not going anywhere

It’s probably fair to say that annuities aren’t really going anywhere at the moment, especially conventional annuities. Some say they’ve had their day, though I’m not so sure. However, a stagnant annuity market brings with it the opportunity for product innovation, and we’ve …

Jan
14
2012
Annuity income concerns

MGM Advantage, the enhanced annuity specialists, have raised concerns about annuity income in retirement. UK households need an extra £43.62bn to maintain the standard of living that they enjoyed just twelve months ago, a retirement specialist has said recently. Aston Goodey, MGM Advantage’s director, stated …

Jan
13
2012
Flexible annuities keep higher GAD rate

Flexible annuities can keep the higher GAD rate of 120%. The lowering of the maximum income drawdown limit set last year will not be extended to effect flexible annuities, the government has recently confirmed. The government decision means that people …

Jan
12
2012
Lower pension annuity rates

More bad news about pension annuity rates. Individuals who retire this year are likely to be around £3,000 worse off than those individuals who retired four years ago because of various factors such as the ongoing credit crunch, the recession and the eurozone …

Jan
11
2012
Updated annuity tables

We have just updated some of our annuity tables on the conventional annuity and enhanced annuity pages of this website. Annuity rates are continuing to fall, so I thought it appropriate to illustrate the current annuity rates available in the …

Jan
11
2012
Help needed for annuity rates

Help is needed if retirees are to benefit from higher annuity rates. IFAs have called on Mark Hoban MP, who is the financial secretary to the UK Treasury, to help, telling him that poor annuity rates at retirement are becoming …

Jan
10
2012
Annuity rates 2012

Where to for annuity rates 2012? It’s really difficult to know or to predict. We’re certainly starting from a low point, as annuity rates have never been as bad. How about we look at annuity rates 2011 first which might …

Jan
09
2012
Your annuity income in retirement

Your income in retirement might have to last you a lot longer than you might think, and that’s why it’s very important to get the best deal you can when you come to retire. Don’t simply take what’s on offer from …

Jan
08
2012
Purchasing pension annuities

The Association of British Insurers (ABI) simply doesn’t go far enough to protect peoples’ interests when purchasing pension annuities, Fidelity has recently stated. The ABI has just published proposals for a voluntary code of conduct for insurance companies to encourage ‘shopping around’ for …

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