Customers who buy an ‘immediate needs annuity’ to fund their nursing home fees can now benefit from money-back guarantees for their family, if they die during the early period of the annuity. An ‘Immediate needs annuity’ is designed to provide the costs of paid-for nursing home care for life, for those already suffering from physical or mental disability, [...]
Posts Tagged ‘Minimum Retirement Age’
New options for healthcare funding in retirement with immediate needs annuity
Monday, November 30th, 2009Timing essential when buying your annuity
Friday, November 20th, 2009Are 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 [...]
Clock ticking for over-50s planning early retirement
Monday, November 2nd, 2009Immediate action is required by pension savers aged 50, who are wishing to retire in the near future. On 6th April 2010, the minimum retirement age for taking your personal pension or company pension will rise from 50 to 55. This may catch many pension savers in their early 50s, as those who have not [...]
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