purchaseannuity.co.uk

purchaseannuity.co.uk


National Post

Grey Matters: Deferred annuities can be retirees' financial lifesaver
National Post
We can buy individual financial products that reduce our risk. A registered annuity will pay us a guaranteed income for life, but it won't be cheap. At today's rates, a woman aged 65 will pay more than $200,000 for a guaranteed monthly annuity of $1 ...



Post-retirement market still screaming for an annuity substitute
Citywire.co.uk
This is unsurprising; an RPI-linked annuity purchased at 65 currently offers a yield of about 3.1%, according to the Hargreaves Lansdown best-buy tables, hardly awe-inspiring. Income drawdown is emerging as the product of choice, but retirees will ...



City A.M.

Legal & General eyes £10bn Prudential annuity back-book as part of ...
City A.M.
Legal & General is ready to pounce on Prudential's £10bn annuity business, as the FTSE 100 insurer splashes the cash on pension back-books.

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Hargreaves Lansdown

How can an annuity pay income after you pass away?
Hargreaves Lansdown
Introduced in 2006, value protected annuities return the initial purchase price, less any income paid, as a lump sum to the annuity holder's beneficiaries. This gives you the opportunity to guarantee that all of the money used to purchase an annuity ...



Hargreaves Lansdown

Annuity rates back above pre-referendum levels
Hargreaves Lansdown
Rates could continue to rise - but the annuity market is notoriously difficult to predict. Delaying your annuity purchase in the hope rates go up could lead to a higher income, but this is not guaranteed and rates could fall at any time. You also need ...



www.professionalpensions.com

Jarrold & Sons completes £19m buy-in with Aviva
www.professionalpensions.com
Aviva bulk purchase annuity deal manager Toby Holmes said clear requirements made the transaction simpler. "We're especially pleased to have been selected as the provider for this scheme, given the proud association both our companies have with ...



Scottish Widows switches DC defaults to target drawdown
Pensions Expert (registration)
Twice as many defined contribution pots are now moving into drawdown, according to the Financial Conduct Authority's Retirement Outcomes Review in July, whereas 90 per cent of pots were used to buy an annuity before the introduction of freedom and ...



Financial Post

Pension funds on track to buy $4-billion in annuities as de-risking trend grows
Financial Post
The first is that the industry recently completed the largest annuity purchase in Canadian history, a $900 million deal with a fund (name not disclosed) that has several thousand members; the second is that the back half of any year typically sees more ...



Retirees urged to shop around for drawdown
moneyfacts.co.uk
According to a recent report by the Financial Conduct Authority (FCA), accessing pension pots early has become "the new norm" following the introduction in April 2015 of the pension freedoms, which effectively removed the obligation to buy an annuity ...

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