Displaying items by tag: annuities

Friday, 22 August 2014 13:00

Public so spooked by annuities that ghouls are easier to explain

More people would find it easier to explain the existence of ghosts and detail the offside rule than would be able to describe annuities and pensions.

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Monday, 18 August 2014 11:56

Gap growing between best and worst annuity rates

Tom McPhail, head of pensions research at Hargreaves Lansdown

The gap between the best and worst annuity rates is widening, according to new analysis.

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Friday, 25 July 2014 09:50

Retirement market to treble by 2023 with annuity sales bounce

The total UK 'at retirement' market has been forecast to more than triple in size in the next 10 years, with annuity sales still high despite taking a hit in 2014.

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Friday, 27 June 2014 11:02

Annuity rates rise suggests market recovery may have begun

After the Treasury's annuity reforms in the Budget the rates began to slide

Annuity rates have had their first monthly rise since the bombshell Budget announcements, new figures have shown.

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Monday, 23 June 2014 12:54

Annuity reforms fall out continues with 100 jobs to go

The Treasury building. The department's reforms have led to Partnership axing jobs

Partnership has announced that it will shed 100 jobs as part of cost cutting measures linked to the overhaul in the pensions system arising from the Budget.

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Friday, 20 June 2014 10:48

Annuity websites given new guide after 92% failed to be clear

The FCA has finalised its guidance to firms offering annuity comparisons online after a review found 92% of websites failed to be clear and fair.

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Tuesday, 10 June 2014 10:06

Pension providers 'not trusted' to give impartial guidance

Pension providers are not trusted to offer impartial guidance on retirement options, according to a new Which? survey.

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Monday, 09 June 2014 12:33

Pensions revolution will be assessed in annuities probe

The Treasury's pension reforms will be part of the review

The changing landscape in pensions created by the Government's overhaul of the system will form part of a wider probe into the annuities market.

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Thursday, 15 May 2014 15:04

1 in 4 experts warn that 20% of pensioners could exhaust funds

Increasing use of income drawdown following the Budget annuity changes could see 20% of pensioners exhausting their funds before they die, pension experts have warned.

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Friday, 09 May 2014 11:24