Product News

1500 reasons why you could consider buying an enhanced annuity

Annuity rates can increase if you have an illness

When you are considering buying an annuity it is vital to take your health into account as you may receive higher monthly payments if you suffer from one of 1500 conditions.

MGM: Annuity rates have plunged 11.2% since June 2009

Index reveals drop in average annuity rates

Annuity rates have dropped by more than 11 per cent in less than three years, putting pressure on people approaching retirement, according to MGM Advantage.

Rising gilt yield offers renewed income hope for pensioners

15 year gilt yield recovers from record low

Rising gilt yields are good news for those approaching retirement, whether via a better annuity income or higher maximum drawdown level, according to Skandia.

Better tax-efficient pensions awareness ‘would boost saving’

'More information needed' on tax efficient savings

A deeper understanding of tax efficient pension plans could encourage people to save more for retirement, according to a new study.

LV= boosts investment linked annuity rates

PIPA rates are available on standard and enhanced terms

Retirement specialist LV= has announced increases of up to 20 per cent on its investment linked Pension Income Plus Annuity rates.

Switch from enhanced to fixed protection ‘could add £75,000’

Deadline for fixed protection applications is April 5

People with enhanced protection on pensions valued up to £1.8 million could gain from moving to fixed protection before the tax year ends, according to Skandia.