Warning: Creating default object from empty value in /home3/inspo77/public_html/wp-includes/ms-load.php on line 113
All About Annuities » pensions

The latest annuities scandal: The pensions that shrink to zero

The latest annuities scandal: The pensions that shrink to zeroNews from Telegraph.co.uk: In some cases the annual reductions are small, but in the worst cases, pensioners in their 70s and 80s are now receiving incomes less than half their original pay outs. Most, but not all of the complaints, relate to the 50,000 policies of [...]

UK life and pensions industry hit by drop in annuities sales

UK life and pensions industry hit by drop in annuities salesNews from Financial Times: It is not easy to spot from a quick glance at some of the insurers’ recent financial results, but Britain’s life and pensions industry is reeling from a drop in sales of annuities, which have been among its biggest and most [...]

Budget 2014: George Osborne Drops Annuities in Pensions Reform Bombshell

Budget 2014: George Osborne Drops Annuities in Pensions Reform BombshellNews from International Business Times UK: Pensioners will get more freedom with their moneyReuters The Chancellor George Osborne has unveiled a range of radical pension reforms that will change the way workers retire in the UK, including removing compulsory annuities. Osborne, unveiling his budget to MPs [...]

Deferred Income Annuities Can Replace Pensions -

Deferred Income Annuities Can Replace Pensions -News from for Some People – TheStreet.com: NEW YORK (BankingMyWay) — As a way to help retirees avoid outliving their money, longevity insurance sounded like a great idea, but it never really took off. Now, though, the basic idea is back with a few improvements, and sales are up [...]

Lincoln pitches annuities to gov’t workers as pensions fade

Lincoln pitches annuities to gov’t workers as pensions fadeNews from Philly.com: POSTED: Friday, June 7, 2013, 1:00 PM Joseph N. DiStefano Shares of Radnor-based life insurance and investment seller and Eagles stadium sponsor Lincoln National Corp. rose as much as $ 1 a share, to nearly $ 36, in trading early today after stock analysts [...]

Verizon, Prudential: Annuities ‘At Least’ as Safe as DB Pensions

Verizon, Prudential: Annuities ‘At Least’ as Safe as DB PensionsNews from aiCIO: Thursday, December 06, 2012 10:15:24 PM Verizon, which is being sued by retirees to block its pension-risk transfer to Prudential, argues members will be better protected if the deal closes. (December 7, 2012) – Verizon and Prudential and have shot back at the lawsuit filed by retirees attempting [...]

Life annuities are most useful for people without pensions

Life annuities are most useful for people without pensionsNews from Austin American-Statesman: You recently addressed a question from a couple whose ages are 75 and 77. You replied, “At a later date, you might consider buying a joint-survivor life annuity.” Since the couple was in their 70s, it got me wondering: What are the trade-offs [...]

Burns: Life annuities useful for those without pensions

Burns: Life annuities useful for those without pensionsNews from Houston Chronicle: Q: You recently addressed a question from a couple whose ages are 75 and 77. You replied, “At a later date, you might consider buying a joint-survivor life annuity.” Since the couple was in their 70s, it got me wondering: What are the tradeoffs [...]

Pensions, 401(k)s and annuities are valuable retirement options

Pensions, 401(k)s and annuities are valuable retirement optionsNews from Fairbanks Daily News-Miner: by Roxie Dinstel / Pinching Pennies Fairbanks Daily News Miner Jul 09, 2012 | 671 views | 0  | 2  |  |  FAIRBANKS — My husband and I are reaching that age — the panic point about retirement…………… continues on Fairbanks Daily News-Miner … Read the full article Related News:

Annuities: Shocking Disparity in Public, Private Sector Pensions

Annuities: Shocking Disparity in Public, Private Sector PensionsNews from PensionCalculator.org: Recent research from the think tank Intergenerational Foundation has found that people in the private sector who have defined contribution pensions – the kind of pensions that rely on the market and are not guaranteed – must save eye-wateringly high amounts just to survive in [...]