Annuities

Annuity rates would have to improve by at least 6% from today's rates to make any delay in purchasing a retirement income worthwhile, says a new report.

The Association of British Insurers has launched the Annuity Window to help retiring pension investors get the best deal from their retirement income.

Today insurance giants who condemn savers to a life sentence of rip-off pension payouts by depriving them of thousands of pounds of income have been named and shamed - by their own industry body.

MARGINS

Pensioners take ‘the biggest gamble' of their lives when they buy an annuity to provide for their retirement.

Natanje Holt looks at the twin issues of falling annuity values and the recent history of GAD income maximums in drawdown and asks the question: Are we simply going ‘back to the future' rather than looking at a more relevant way of calculating income...

Fewer than one in four major employers say their scheme has a specific ‘decumulation strategy' in place to help retirees get the best annuity, research finds.

Mike Morrison looks at how people make retirement income decisions and concludes they are not always rational.

Jelf Employee Benefits is extending its annuity offering with the launch of its standalone broking service.

ANNUITIES