Displaying items by tag: annuity
Thursday, 01 June 2017 11:37
FCA tells advisers to inform clients on best annuity rates
Advisers will be asked to tell clients that the annuity they are being recommended may not produce the best annual income if the firm lacks details of all market rates.
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Friday, 04 November 2016 14:32
Annuity comparison deteriorating, warns McPhail
Bristol-based Hargreaves Lansdown has called for mandatory annuity rate transparency and says the ABI should reinstate ‘annuity window’ rate tracking.
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Friday, 22 April 2016 10:45
Fire sale forecast for annuity re-sales as plan branded 'doomed'
The whole plan for the secondary annuity market is ‘doomed’, unless a fundamental problem can be addressed, a pensions expert says.
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Friday, 18 December 2015 11:34
Pensions firm MD: Annuity resale values to be 'very poor'
The returns people receive when selling their annuities are likely to be “very poor”, the managing director of a pensions firm has warned, after reforms were confirmed this week.
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Monday, 16 November 2015 11:45
Failure to shop around to cost retirees £104m of income
People who have not shopped around for their annuity will collectively miss out on £104m of income over the course of retirement, new analysis has suggested.
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Monday, 03 August 2015 12:34
Annuities demand climbs back up following near record low
Demand for annuities appears to have climbed, with sale increases suggesting somewhat of a recovery since the slump in April, research has shown.
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Tuesday, 25 March 2014 11:28
Consultant: The annuity is not dead as a dodo yet
Suggestions that the annuity is dead following last week's radical Budget are premature but insurance companies must ensure it does not become extinct like a dodo, a financial consultant says.
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Monday, 17 February 2014 11:21
No confidence in arranging annuity without adviser for 73%
Nearly three quarters of those looking for an annuity lack the confidence to arrange one without the help of an adviser, research shows, as a major review of the sector moves into its next phase.
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Wednesday, 11 December 2013 15:43
HL unveils 5 point action plan for retirement market
Hargreaves Lansdown has detailed a five point action plan to reform the retirement planning sector following the widespread criticism of the annuity market by the Financial Services Consumer Panel this week.
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Monday, 10 December 2012 14:35
Research uncovers the number of canny annuity shoppers
MGM Advantage, the retirement income specialist, has analysed the number of customers who shop around among financial advisers looking to compare annuity rates.
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