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Over 55s missing out on retirement income

Over 55s missing out on retirement income

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.
People to be given greater annuity guidance

People to be given greater annuity guidance

People approaching retirement are to be given much greater support to get the best possible income in their retirement.
Enhanced annuities becoming the advised choice

Enhanced annuities becoming the advised choice

Enhanced annuities are fast becoming the popular choice for those receiving professional advice.
Enhanced annuity sales grow to record levels

Enhanced annuity sales grow to record levels

Sales of enhanced annuities grew to record levels last year and increased by almost a quarter compared with 2010.
Annuity warning over side effects of QE

Annuity warning over side effects of QE

Pension experts have warned retirees they face an even trickier task to secure a decent retirement income after the Bank of England voted to pump an additional £50 billion into the UK economy by way of quantitative easing.
Poor pension choices mean ‘years longer’ at work

Poor pension choices mean ‘years longer’ at work

High pension charges and choosing the wrong annuity could cut savers’ potential retirement income and mean spending years longer at work to cover the loss.
Bewildering annuity system costing people billions

Bewildering annuity system costing people billions

An annuity system that has been called ‘bewildering’ and ‘unfair’ is costing retirees billions, it is being claimed.
Annuity rates tumbled in 2011

Annuity rates tumbled in 2011

New research from Investment Life & Pensions Moneyfacts has shown 2011 was another poor year for annuity rates, with annuity income falling for a fourth consecutive year.
People to be encouraged to shop for annuities

People to be encouraged to shop for annuities

People are to be given more encouragement to shop around for an annuity to suit them, under new rules.
Retirees urged to shop around for best annuity

Retirees urged to shop around for best annuity

Failing to shop around for the best annuity could see retirees miss out on half of the retirement income that they might potentially be able to secure.


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