Right Annuity News
27
2011
The amount of annuity income you receive will be effected by how much of your tax-free cash entitlement you take, and this will influence how well off you are in retirement. Tax- free cash is the cash lump sum you can …
26
2011
The pension industry has welcomed the Treasury’s recent rejection of early access to retirement pension funds, and supports reform of trivial commutation for smaller pension funds. Mike Morrison, from AXA Wealth, said there was little demand from individuals for early access to their pension …
25
2011
HM Revenue and Customs (HMRC) has clarified rules for flexible drawdown, stating that the £20,000 minimum income requirement (MIR) requires to be evidenced for the tax-year in which flexible drawdown is taken and not just guaranteed, as many had believed. Several pensions …
24
2011
Phased retirement is appealing to many people. It allows you to control your retirement fund and convert it gradually over a period of years into income. This control is achieved by setting up many separate contracts (sometimes more than 1,000) and …
23
2011
Getting the best pension annuity rates isn’t enough when you reach your retirement. Not unless you’ve got a fair sized pension fund, that is. Most Brits will have to work longer than they expected, experts claim, because they can’t afford to …
22
2011
Too many people miss out on impaired life annuity rates (also called enhanced annuity rates) and the higher annuity income that they offer by not shopping around utilising their right to do so with their open market option. Maybe it …
21
2011
A with-profits annuity is similar to a non-invested lifetime annuity contract in that it provides a regular income for the remainder of your life in retirement in return for your pension fund. The main difference between a with-profits annuity and a non-invested lifetime annuity is …
20
2011
There has been an increase in sales of investment linked annuities, such as with profits annuities, unit linked annuities, and the newer flexible income annuities. Leading at-retirement specialists MGM Advantage said this week that there has been a noticeable increase …
19
2011
A recent Towers Watson survey has discovered that sales of enhanced annuities by UK insurance companies rose by 38% last year to just under £2.50 billion. Andy Sanders, from Towers Watson, stated that 2010 was another record year for enhanced …
18
2011
Make sure you get the best pension annuity when you retire. We’ll advise you which pension annuity is best for you, taking into account your particular requirements, and we’ll take into account your circumstances to make sure you get the …


