News

Annuities News Stories

Retirement gender gap widening - 28th March 2013

New research has revealed the widening retirement gender gap, with women retiring with £6,500 less than men in 2013. Read More...

AUDIO: How FLS has subdued savings and ISA markets - 14th March 2013

Sylvia Waycot, editor of Moneyfacts.co.uk, speaks to BBC Radio 4 Moneybox’s Paul Lewis regarding the diminishing number of savings products in the market and why she believes the Government’s Funding for Lending Scheme is mostly to blame. Read More...

Shop around for best annuity or risk losing out - 13th March 2013

Annuity customers could be losing out on up to £750 million by failing to ‘shop around’ for the best deal, according to the UK’s largest insurer. Read More...

Sales of enhanced annuities soar - 19th February 2013

Volumes of enhanced annuity product sales have boomed in recent years, according to latest research, rising from £3,019 million in 2011 to £4.48 million 2012. Read More...

Consumers urged to shop around for best annuity - 05th February 2013

The Financial Services Authority (FSA) recently announced it is to conduct a ‘thematic’ review into the way annuity products are sold to ensure consumers are receiving the correct level of encouragement to ‘shop around’ for the best deal. Read More...

Shop around to find the best annuity deal - 31st January 2013

It has never been a more important time to shop around for the best annuity deal, with average annuity incomes falling dramatically. Read More...

Annuity incomes suffer biggest fall for 15 years - 18th January 2013

Research by Investment Life & Pensions Moneyfacts has revealed the average annual income of a standard annuity for a 65-year old male fell by 11.5% during last year, representing the biggest yearly fall since 1998. Read More...

Annuity rates rise for women after G-Day - 08th January 2013

Women approaching retirement have seen an uplift in the income they can expect to receive from an annuity, new research from Moneyfacts has revealed. Read More...

Annuity rates drop by 20% in three years - 09th October 2012

Annuity rates are in “free fall” according to latest data released by MGM Advantage. Read More...

Over 55s missing out on retirement income - 30th April 2012

Millions of people aged 55 and over could be missing out on thousands of pounds in retirement income because they are unaware of the availability of enhanced annuities. Read More...

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