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Just Retirement post another year of “record” figures 8 Aug 2013 | 02:10 am
Reigate based Just Retirement have posted another year of record figures for the 12 months to June 2013. The company again showed strong growth which saw total sales hitting £1.65bn, an increase of ne...
MGM Advantage report 5.6 rise in Annuity Rates since December 20 Jul 2013 | 02:25 am
There was welcome news for retirees this week as retirement specialists MGM Advantage reported that annuity rates had risen by 5.6% since December. Equating that into actual figures, this would mean a...
Research predicts future Equity Release boom across Europe 2 Jul 2013 | 03:20 am
The number of people who take Equity release is likely to increase across the UK and Europe according to new research from Towers Watson. With many EU countries having to deal with an ever ageing popu...
Triple lock pension guarantee could be axed after 2015 19 Jun 2013 | 01:20 am
The so-called triple lock that guarantees UK pensioners an annual increase in income could be scrapped after the next election. Experts have warned that the soaring cost of meeting the increase could ...
Annuity Rates rise in 2013 on the back of higher gilt yields 3 Jun 2013 | 06:46 pm
Hitherto 2013 has been a better year for those in the market for an annuity with rates climbing 3% since January. According to the firm Annuity Direct, a man aged 65 purchasing an annuity with a £100k...
Survey finds 20% of new retirees will be living below the poverty line 23 May 2013 | 02:29 am
Research conducted by insurance giant Prudential has found that one in five of those entering retirement this year will be forced to live below the income poverty line. In addition to this shocking fi...
Sales of investment-linked annuities set to rise as market reaches ‘tipping point’ 26 Apr 2013 | 06:47 pm
New research conducted by pensions expert Billy Burrows argues that those with above average pension funds (£50K +) should avoid defaulting to a conventional annuity. Because annuity rates have fallen...
Ros Altmann criticises Hargreaves over enhanced annuity commission 15 Apr 2013 | 06:59 pm
Ros Altmann, the over 50′s campaigner and former government adviser has this week criticised the IFA firm Hargreaves Lansdown over the level of commission it gains from its new enhanced annuity tool. ...
Survey finds that 71% of employers find auto enrolment ‘complex’ 3 Apr 2013 | 08:56 pm
A new survey conducted by the Chartered Institute of Payroll Professionals (CIPP) has found that a large majority of employers has described the auto enrolment legislation as ‘complex’. This is a subs...
Key Retirement Solutions: Delaying your annuity could cost £2,840 in lost income 27 Mar 2013 | 06:59 pm
UK retirees that delay purchasing an annuity lose an average income of £2,840, according to research published by Key Retirement Solutions. The company also claim that in order to recoup the lost moni...
