Annuity Rates
ABI issues new guidelines for insurers on pensions and annuitiesThe Association of British Insurers (ABI) has launched a new set of guidelines designed to ensure pension providers give people full information on their retirement options. |
FSA launch inquiry into annuity marketThe Financial Services Authority has launched an inquiry into the annuity market to investigate whether customers are being encouraged to scour the market for the best deal. |
Annuity rates fall by 11.7% in 12 monthsNew research by MGM shows that the decline in annuity rates is continuing and pension savers are being urged to consider all options to find a better return. |
Annuity rates drop by 11.5%, biggest annual drop since 1998A new report by the Prudential shows that annuity rates have fallen by 18 per cent since 2008 and the impact is even worse when inflation is taken into account. |
NAPF warns Osborne to keep his hands off pension tax reliefThe National Association of Pension Funds (NAPF) is urging the Chancellor not to cut pension tax relief in his Autumn Statement next week. |
NAPF warns over 50's "sleepwalking into old age"A new report says that over 50's are underestimating how long they will need to fund their retirement for and are "sleepwalking" into old age. |
Record drop in annuity rates risks success of auto-enrolmentNew research from MGM Advantage shows that annuity rates have dropped by seven per cent in just three months, the largest drop since MGM began tracking the rates three years ago. |
MGM: Annuity rates have plunged 11.2% since June 2009Annuity rates have dropped by more than 11 per cent in less than three years, putting pressure on people approaching retirement, according to MGM Advantage. |
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