Retirement

FIVE THINGS

A pensioner who built up a pot worth almost £50,000 in a Virgin Money stakeholder pension has been left with just £15,000 after failing to buy an annuity before he turned 75.

Pension minister Steve Webb's decision to stop foreign spouses claiming UK state pension based on their husband or wife's history of National Insurance contributions is 'cynical' and a knee-jerk reaction to UKIP's election success, deVere Group has said....

Axa Wealth's Elevate platform has seen assets under (AUM)management increase 50% from £4bn to £6bn, according to first quarter results.

In this annuity-themed quick fire poll we ask: Should the Open Market Option be mandatory for all annuitants?

Splitting a pension pot by blending annuities could increase retirement income by around £2,175, according to research from LV=.

A parliamentary select committee has called for government and regulators to make the Open Market Option ‘mandatory' at annuity purchase.

Pension providers who automatically increase clients' drawdown income to 120% GAD could push clients into a higher tax bracket warns Hornbuckle Mitchell.

The issue of the frozen state pension for retirees who move abroad will be debated following a campaign by an expat group.

The over-55s are most at risk from the interest-only mortgage time-bomb, according to equity release specialists.