Annuities

Still counting on ‘Nanny State’ for a generous state pension? Think again…

Thursday, January 28th, 2010

Latest facts released by the pensions industry are revealing some worrying trends with regard to our levels of pension saving … or not saving.

Tags: AIB Bank, Annuities, Basic State Pension, Best UK ISA Funds, Financial Life Cycle, Halifax, Inheritance Tax, Level Annuity, Londonderry Financial Adviser, Maximum Pension Contribution, Pension Credits, Pension Quality Mark, Pension Schemes, Pensions, Prudential, Second Home In Spain, Skipton Building Society, State Pension, Unit Trust
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Income drawdown an eye-catching option, as pension age rises

Tuesday, January 19th, 2010

Income drawdown

Planned increases in the state pension age are likely to lead many to use income drawdown in their retirement planning, as they seek out ways to tap into their personal pension before they reach state pension age.

Tags: AIB Bank, Annuities, First Time Mortgage, Income Drawdown, Loan Insurance, Minimum Retirement Age, Mortgage Insurance, Pension Annuity, Pension Quality Mark, Pensions Annuity, Personal Pensions, Sickness Cover, State Pension, Unit Trust
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Pensions and pension annuities: information still flawed, says ABI

Monday, December 14th, 2009

Providers of pensions and annuities need to improve the quality, clarity and timeliness of the information they provide to consumers who are about to retire, according to The Association of British Insurers (ABI) in a statement.

The ABI has urged pensions providers to make greater efforts to remind savers of their right to â€˜shop aroundâ€™ when purchasing their pensions annuity, and assist them to maximise their retirement income.

Tags: ABI, AIB Bank, Annuities, Banks Northern Ireland, Loan Insurance, Maximum Pension Contribution, Northern Ireland IVA, Office of Fair Trading, Pension Annuity, Pensions, Retirement Income, Retirement Planning, Unit Trust
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How much will you get from your pension annuity? Insurers now check where you live

Monday, December 14th, 2009

pension-couple-sm

Your annuity income in retirement may now be decided by where you live. Four of the nationâ€™s largest insurers are using locational information to predict the probable longevity of customers seeking a pension annuity.

Tags: AIB Bank, Annuities, Aviva, Best Maxi ISA, Canada Life, Inheritance Planning, Legal & General, Loan Insurance, Maximum Pension Contribution, Northern Ireland IVA, Pension Annuity, Pensions, Prudential, Retirement Income, Second Home In Spain, Unit Trust, Watson Wyatt, Whole of Market Mortgage Advice, Women's Pension
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Timing essential when buying your annuity

Friday, November 20th, 2009

Are you retiring during the coming year?Â Thinking of buying a pensions annuity? Recent events in the stock markets have made it clear how essential it is to get the timing right, in this vital aspect of your retirement planning. The recent volatility in the stock market has been reflected in similar ups and downs [...]

Tags: AIB Bank, Annuities, Annuity Advice, BBC, First Time Mortgage, Income Drawdown, Maximum Pension Contribution, Minimum Retirement Age, Office of Fair Trading, Pensions, Pensions Annuity, Retirement Planning, Unit Trust
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