Income

Kim Lerche-Thomsen takes a look at how annuities can meet people's changing retirement needs

While TIPs undoubtedly have their benefits it will be a difficult road ahead if they are to grow in popularity says Justin Modray

Up until now the impact of inflation on retirement saving has been largely ignored. However, for those pensioners on low, fixed incomes it is a very real threat says Aston Goodey

FOUR out of five IFAs still intend to recommend Alternatively Secured Pensions (ASPs) despite the proposed new charges announced in the pre-budget report, according to research commissioned by Skandia.

PENSION expert Mike Morrison has raised fears investors with Alternative Secured Pensions (ASPs) are being hit with taxes so extortionate they could be vetoed under European law.

The changes to alternatively secured pensions announced in the Pre-Budget Report "smacks of legalised theft", according to AJ Bell Group.

If the government decides to abolish or alter alternatively secured pensions in the pre-Budget Report, pensioners will be left with no choice but annuities past the age of 75, but are these still a viable proposition?

Over 40% of advisers think the Treasury will leave Alternatively Secured Pension as it is.

The government may not have the option of withdrawing a person's right to hold an alternatively-secured pension as doing so could risk prosecution for religious discrimination.