You may be surprised at the diverse range of pensions annuities to suit every situation. You can opt for an annuity that pays to your family, after you’re gone, or one that doesn’t pay at all – for the moment. This is our round-up of the main annuity types. Read More
Enhanced annuities offer a higher pension income to those whose life expectancy is reduced by smoking, or certain conditions including high blood pressure and high cholesterol. Demand for enhanced annuities was up by 41% in the first half, indicating that good pensions advice is making consumers more ‘savvy’ in their retirement planning.
Are you retiring during the coming year? 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 [...]
The largest hill on the horizon as you enter your sixties is, of course, your retirement. In your financial life cycle, the main task is to turn your pension savings into an income, as your working life comes to an end.
The most popular way of doing this is by purchasing a pension annuity with your pension savings. This pays out a guaranteed income for the rest of your life, and can be a fixed sum, or can be set to increase each year, in order to account for inflation.
