Category Archives: Annuity
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Pension annuity deals criticised by financial watchdog
Posted on December 10, 2013 by Joe in Annuity, Enhanced annuity, Pensions.The Financial Services Consumer Panel has published the findings of its research into the consumer experience of purchasing an annuity, which shows that the market does not work well for the majority of consumers.
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Happy G Day
Posted on December 21, 2012 by Joe in Annuity, Critical Illness, Enhanced annuity, Income protection, Life Assurance, Pensions.Today (21st December 2012) marks G Day. From today men and women have to be treated equally when it comes to insurance premiums and pension annuities.
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What is ‘G Day’
Posted on June 13, 2012 by Joe in Annuity, Critical Illness, Income protection, Life Assurance.G Day (21st December 2012) – is when men and women have to be treated equally when it comes to insurance premiums and pension annuities. G Day has been brought about in order for the UK to comply with the EU Gender Directive. What does G Day mean for insurance premiums? G Day will affect […]
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What is the open market option?
Posted on May 17, 2012 by Joe in Annuity, Enhanced annuity, Pensions.The open market option is an invaluable option open to you when you retire from a money purchase pension (i.e. a pension that is not linked to your salary). In the run up to your retirement your pension provider will offer you an income in return for the value of the pension pot that you […]
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72% of the over 55s unaware that certain medical conditions could entitle them to a higher pension income
Posted on May 16, 2012 by Joe in Annuity, Enhanced annuity, Pensions.40% of the over 55s have suffered or currently have high blood pressure 33% of the over 55s have or have had high cholesterol with a further 12% requiring treatment for diabetes All of these conditions could qualify for a better retirement income through an enhanced annuity, with as many as 70% of retirees potentially […]
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