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This is Money

Standard Life sets aside £175m for annuity sales review and redress
insuranceERM
The watchdog raised concerns over the communication strategies of a small number of providers, including Standard Life, which led some people to purchase a standard annuity when they may have been eligible for an enhanced product. Chief financial ...
Standard Life vows Elevate will be profitable in 'next couple of years ...Money Marketing

all 18 news articles »


Whom to trust when buying an annuity?
Tribune-Review
This kind of adviser, known as a fiduciary because he or she pledges to make decisions based on your best interests, can tell a client what kind of annuity to purchase and then recommend a trusted salesperson — who will likely earn some kind of ...



FT Adviser

Best and worst annuity rates revealed
FT Adviser
For a 55-year-old with a £50,000 pot looking to purchase a standard, non-guaranteed annuity, Canada Life provided the best rate, offering an annual income of £2,019. Prudential offered the poorest value, paying £1,815 a year. For a 60-year-old with the ...



www.professionaladviser.com

Stephen Lowe: The 'personalised' flaw in the FCA's annuity-comparison plan
www.professionaladviser.com
It says: "Consumers who qualify for an enhanced annuity on the open market, but instead purchase a standard annuity from their existing provider, receive significantly lower retirement income as a result." It then goes on to say, however, that this is ...

and more »


FT Adviser

Prudential pulls out of annuity market entirely
FT Adviser
A spokesperson for the life office said, while the exact timescale had not been determined, by the end of 2017 Prudential would no longer be writing new annuity policies. Prudential's existing pension customers wanting to purchase an annuity would ...

and more »


Hargreaves Lansdown

Why my pension provider offered to boost my income by 10%, at no cost to me
Hargreaves Lansdown
My son recently got a new job that involves a lot of travelling so I was planning to use my tax-free cash to help him buy a new car. With the rest, I decided to use the funds to purchase an annuity in time for my retirement. This was for two reasons ...



ValueWalk

As Seen On TV: The Annuity Action Network
ValueWalk
In the prior installment on this series, I exposed the deceptive marketing used to sell fixed-index annuities (FIAs). Today I will look at a firm that purchases annuities from investors – the Annuity Action Network (AAN). It is a way for clients to ...



Teachers Insurance & Annuity Association Of America Buys JPMorgan Chase, Arch Coal, Ameriprise Financial, Sells ...
GuruFocus.com
Teachers Insurance & Annuity Association Of America initiated holdings in JPMorgan Chase & Co. The purchase prices were between $66.51 and $87.13, with an estimated average price of $76.26. The stock is now traded at around $90.53. The impact to the ...



ValueWalk

Annuity Surrender Charges: Read The Fine Print
ValueWalk
The purpose of surrender charges is to ensure that the insurance companies providing annuity contracts are not left holding the bag when faced with indecisive or impulsive investors. Compared to dividend stocks, which you can buy and sell all day long ...