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.Continue Reading... No Comments.
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.Continue Reading... No Comments.
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 […]Continue Reading... No Comments.
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 […]Continue Reading... No Comments.
Enhanced and impaired annuities work in the same way as conventional pension annuities, but are designed to offer a better rate (more income) for people who suffer from certain medical conditions or have a poor health history. The increase in income can be markedly higher than you would get from a conventional annuity, so it […]Continue Reading... No Comments.