Annuities
With interest rates soaring, can an annuity secure a happy retirement?
Once written off as poor value, sales are on the up with better returns. But many retirees remain sceptical. So are they a good option?
Shane Hickey
10, Jul, 2023 @8:00 AM
I have got into debt and can’t pay bills due to Royal London delays
The insurer told me it would take up to six weeks to get an annuity, but it’s been 13 and counting
14, Mar, 2023 @7:00 AM
UK state pension age may rise to 68 in 2030s, reports say – what is going on?
It is claimed the Treasury wants the change for as early as 2035 – affecting those age 54 and under
Rupert Jones
25, Jan, 2023 @2:23 PM
Annuities: rates on guaranteed pension income soar 44% in a year
Previously unfashionable product falls back into favour as people seek security amid financial turmoil
Rupert Jones
15, Oct, 2022 @6:00 AM
The real problem in pricing of annuities | Letter
Letter: Prof David Blake of Cass Business School and Prof Edmund Cannon and Prof Ian Tonks of the University of Bristol respond to a piece on last Saturday’s Money pages
Letters
22, Mar, 2019 @5:01 PM
Annuities: a £4bn pension heist, or a great opportunity to buy? | Patrick Collinson
The pension plans were an awful investment until they stopped being forced on us
Patrick Collinson
16, Mar, 2019 @7:00 AM
Pension firms profit from slowdown in life expectancy growth
Annuity providers could make more than £1bn from longevity not rising as expected
Patrick Collinson and Miles Brignall
09, Aug, 2018 @3:01 PM
FCA considers £1m compensation limit to increase protection for pensioners
Financial Conduct Authority to review safeguards against risk of financial firms going bust as pensioners favour drawdown products to annuities
Rupert Jones
14, Dec, 2016 @1:29 PM
Annuity rates plummet, making 2016 'worst year for payouts'
Average income for retiring pensioners has fallen by 15% so far, MoneyFacts data reveals
Patrick Collinson
14, Sep, 2016 @11:15 AM
Retirees prove more prudent than expected after pension freedoms
A year after compulsory annuities were abolished, pensioners are withdrawing around 4% a year from their pots
Patrick Collinson
14, Aug, 2016 @11:01 PM
A big thank you to George Osborne – from the pensioners of Britain
Annuities were compulsory until the then chancellor freed pensioners to do what they liked with their money. Today, the income from them is pitiful
Patrick Collinson
06, Aug, 2016 @6:00 AM
How to negotiate the pensions minefield in Brexit Britain
The vote to leave the EU has seen annuity rates fall sharply. But would-be retirees still have other options
Harriet Meyer
27, Jul, 2016 @11:41 AM
1 / 22 pages