Product News
MGM: Annuity rates have plunged 11.2% since June 2009
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
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’
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
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’
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. |
LV= launch new low cost pension plan
LV= has announced details of its new low cost pension plan that reduces the annual fee to just 0.25 per cent. |
Alliance Trust Savings suggests opening an SIPP for children
Starting up a self-invested personal pension (SIPP) for children today could result in them being millionaires when they reach retirement. |
Prudential study finds 25% of new pensioners retire in debt
Retirees could be losing large amounts of their monthly income because they are struggling to pay off debts. |
Pension Protection Fund to set up new panel to assist pension schemes
The Pension Protection Fund (PPF) has announced that it is setting up a new panel to help pension schemes to complete the PPF assessment period. |
Annuities could be halved if pensioners ignore open market option
Older people could be losing out on retirement income because of a lack of knowledge when it comes to certain terminology. |
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