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All About Annuities » 2011 » July

Keep emergency funds in CDs, not annuities

Keep emergency funds in CDs, not annuities News from Hometownlife.com: … Read the full article Related News:

Inflation-linked annuities can help unlock pension cash

Inflation-linked annuities can help unlock pension cash News from Financial Times: Investors have more chance of being able to withdraw large sums from their pension funds as inflation-linked annuities will now be counted towards the income needed to qualify for a ‘flexible drawdown’ facility. Since April this year, investors who have a minimum of £20,000 [...]

Advisers welcome Treasury U-turn on RPI-linked annuities

Advisers welcome Treasury U-turn on RPI-linked annuities News from Money Marketing: 28 July 2011 12:00 pm | By Tom Selby Advisers have welcomed the Treasury’s abrupt U-turn on plans to prevent savers using RPI-linked annuities without a floor to meet the minimum income requirement for flexible drawdown. In May, Money Marketing revealed that tens of [...]

Why are annuities ‘unloved’?

Why are annuities ‘unloved’? News from Annuity Rates: Annuities are the most popular form of retirement income product in the UK, so why do they come in for so much criticism? Laith Khalaf, annuity expert from Hargreaves Lansdown recently told citywire that…‘…Annuities are generally unloved and undervalued.” This might seem a strange paradox – that [...]

Retirement Planning: why should you buy annuities?

Retirement Planning: why should you buy annuities? News from Citywire.co.uk: Personally I think annuities are a waste of money but some experts argue they are good value. Let me know what you think in the comments below. More bad news on annuity rates Annuity rates have fallen yet again. Latest figures from MGM Advantage reveal that income paid [...]

Annuities: Enhanced annuities growing in popularity/ 26.7.2011• Ameet Magan …

Annuities: Enhanced annuities growing in popularity/ 26.7.2011• Ameet Magan … News from PensionCalculator.org: The market for enhanced annuities has grown substantially in the last five years yet it still only accounts for around ten per cent of annuities sold. The fact is that two thirds of retirees would qualify for some kind of enhanced life [...]

NAFA: Fixed Annuities Not Swaps

NAFA: Fixed Annuities Not Swaps News from National Underwriter Life and Health Insurance News: …………… continues on National Underwriter Life and Health Insurance News … Read the full article Related News:

Annuities: Height may influence likelihood of cancer/ 24.7.2011• Samir El …

Annuities: Height may influence likelihood of cancer/ 24.7.2011• Samir El … News from PensionCalculator.org: The largest study of links between height and the disease has concluded that taller people are more likely to develop some of the commonest and deadliest cancers. The study looked at 97,000 women with the disease between 5ft and 5ft 9in [...]

RPI-linked annuities will count towards flex drawdown MIR

RPI-linked annuities will count towards flex drawdown MIR News from ifaonline.co.uk: RPI-linked annuities will count towards the minimum income requirement (MIR) for flexible drawdown, the final Finance Act 2011 has confirmed. Flexible drawdown, available since April this year, allows investors to withdraw unlimited amounts from their pension fund provided they have an MIR of £20,000 [...]

RDR may herald ‘mis-buying’ of annuities: Panacea

RDR may herald ‘mis-buying’ of annuities: Panacea News from FT Adviser: The expectation that regulatory changes will lead to more people buying annuities online could lead to mis-selling because consumers lack financial planning knowledge, the boss of a networking forum has warned. Derek Bradley, chief executive of Panacea, said: “Opinion is divided about the way [...]