News

Annuities News Stories

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...

2014 ILP Moneyfacts award winners announced - 26th September 2014

The winners of the 2014 Investment Life & Pensions Moneyfacts Awards were announced last night during a glittering ceremony held at the Lancaster London Hotel. Read More...

Fears over pension freedoms - 15th September 2014

The new pension freedoms set to grace the market have been welcomed by many, but not everyone's convinced. Some are even warning that the reforms could have serious consequences, after witnessing a sharp rise in the number of income drawdown sales. Read More...

Annuity rates fall at fastest pace for three years - 10th September 2014

Annuities have garnered a lot of negative attention recently. The only saviour will be if they start to offer savers a better return, but latest figures reveal that this may not happen any time soon. Read More...


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