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Annuities News Stories

Will you buy an annuity? - 29th January 2015

The countdown to the pension reforms has begun. From April, anyone aged 55+ will be able to access their pension savings as they see fit, and there’ll be no obligation for most people to buy an annuity. The question is, will you still want one? Read More...

Annuity rates fall further ahead of pension reform - 27th January 2015

The pension changes announced in last year’s Budget were always going to have an impact on annuity sales, and rates would undoubtedly feel the impact, too. Research from Moneyfacts has shown just how quickly the effects have been felt. Read More...

What’s next for the pensions industry? - 07th January 2015

The pensions industry has undergone a huge amount of change recently, largely thanks to automatic enrolment and the Budget opening up new flexibilities. The final freedoms will soon come into force, but what's next for the pensions landscape? Read More...

Retirees could lose £41K by not shopping around - 12th December 2014

It’s hoped that the FCA's review into the annuities market, and the proposed changes, will lead to improved competition and better incomes for retirees - as research has found that failing to shop around could cost consumers a huge amount of cash. Read More...

Annuities market set for reform - 11th December 2014

Choosing an annuity is one of the biggest financial decisions anyone will make, so it’s concerning to hear that the market isn’t working as well as it should for consumers. But, thanks to an in-depth review, reforms could be on the way. Read More...

Are annuities set for a revival? - 08th December 2014

Since the new pension freedoms were announced in March's Budget, annuities have been given a rough ride. However, thanks to the latest changes announced in the Autumn Statement, it seems that annuities could be set for a revival. Read More...

Could you qualify for an enhanced annuity? - 18th November 2014

If you’re approaching retirement, it goes without saying that you’ll want to maximise the income you receive. Opting for enhanced annuities could boost your income even further, but do you qualify? Read More...

The changing pensions landscape - 06th November 2014

The changes announced in the 2014 Budget have had far-reaching implications for the pensions landscape. It’s widely expected that the annuities market will suffer a significant downturn, and both demand and rates have already been affected. Read More...

Warning for retirees as annuity rates plummet - 27th October 2014

For those looking to secure a guaranteed income throughout retirement, getting a decent annuity rate is key. However, latest research from Moneyfacts has revealed that this may not be so simple, as annuity rates have plummeted. Read More...

Annuities vs drawdown – which is right for you? - 23rd October 2014

For those approaching retirement, thoughts are undoubtedly turning to how to secure the right kind of income. Read More...


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