Right Annuity News
16
2012
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 …
15
2012
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 …
14
2012
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 …
13
2012
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 …
12
2012
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 …
11
2012
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 …
11
2012
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 …
10
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 …
09
2012
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 …
08
2012
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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