Articles tagged "annuity rates"
Friday, January 11th, 2013
Welcome to the very first financial news round up of 2013! And a very Happy New Year to you. It may only be the start of January but nonetheless, the financial world never rests and there are plenty of stories out there. We’ve rounded them up, selected the most important and those that are likely [...]
Friday, February 10th, 2012
GAD Only Knows? Not a misquote of the famous Beach Boys hit, but three letters which are causing people with some types of private pension to suffer a near 20% drop in income.(1) The Government Actuary Department, or GAD as it is also known, sets the limits on the income people can take from their [...]
Friday, February 3rd, 2012
‘Annuities? I don’t think so!’ This was the reaction of one of our clients, when we were discussing their income in retirement. If you’ve not heard the term before, an annuity is a guaranteed income for life, which you buy from an insurance company with your pension fund. Most people who are not lucky enough [...]
Friday, October 14th, 2011
QE2 – Will the second round of Quantitative Easing sink or float the economy? Not so long ago, if you mentioned QE2, most people would think of a very big ship. Not anymore. QE2 has now come to mean the second round of the Bank of England’s Quantitative Easing policy. The Bank announced last week [...]
Friday, September 9th, 2011
One of Worldwide’s pension experts, Andrew Stallard has put together a really useful podcast about your options when choosing to buy an annuity with your pension pot. Listen to the full podcast here with Andrew and Matthew from Kernow Pods.
Wednesday, June 1st, 2011
Open Market Option – it pays to shop around for your annuity If buying an annuity is on your financial ‘to do’ list, you may well have been studying the paperwork from your current provider to see what they can offer you. You may have noticed amongst those reams of paperwork a statement about how [...]
Friday, September 18th, 2009
I read an interesting report which showed that 10 million people in the UK (a third of the working population) are not saving for retirement. That will be an interesting demographic time bomb; you can expect strong measures in terms of employer and employee compulsion into pensions to follow.
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