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Professional Pensions

PPI: Demand for retirement income advice declines among DC savers
Professional Pensions
The number of people accessing regulated advice to purchase annuity and drawdown products fell in 2015 according to this year's Future Book.

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4 reasons why critics tell you not to buy annuities - MarketWatch
MarketWatch
Annuities have plenty of enemies in the retirement investment world, but the reasons they give to avoid them don't often make sense.

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InvestmentNews

Nationwide to buy Jefferson National
InvestmentNews
Under terms of the agreement, Nationwide Life Insurance Company will purchase all of the stock of Jefferson National, which will become a wholly owned subsidiary of Nationwide. The deal gives Nationwide low-cost annuities that are sold by RIAs, a group ...
Nationwide Announces Purchase of Jefferson NationalFinancial Advisor Magazine (registration)

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Moneyweb.co.za

Can I use two RAs to buy two separate life annuities?
Moneyweb.co.za
Am I allowed to transfer the total proceeds of the two RAs (R1.2 million) from one assurer (same RA fund) to another assurer from whom I wish to purchase two separate life annuities, each to the value of R600 000 – one life annuity to escalate annually ...



ValueWalk

How to slice your pension to cover bills and grow your pot
Telegraph.co.uk
Retirement does not have to be a stark choice between buying an annuity or retaining your investments and taking an income from them.
Annuities: Pros And Cons Versus Dividend Stocks - ValueWalkValueWalk
4 Paths to Future Annuity Income Guarantees - TheStreetTheStreet.com

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Financial Times

Four ways to keep your pension pot producing income — for as long as you need it
Financial Times
Meir Statman, a finance professor at the Leavey School of Business, eloquently recounts the regret of an annuity-purchasing friend, quoting him as saying, “Yesterday, I was a millionaire. Today I'm living on $79,700 a year” – and that was in the good ...



Professional Adviser

Mike Morrison: The annuity puzzle - what price the guarantee?
Professional Adviser
Headlines about income drawdown replacing annuities as the retirement default option suggest some in financial services have started confusing products and ...
Pennsylvania Insurance Commissioner Urges Better Understanding ...Insurance Journal

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Pennsylvania Insurance Commissioner Provides Important ...
PR Newswire (press release)
HARRISBURG, Pa., Sept. 21, 2016 /PRNewswire-USNewswire/ -- Insurance Commissioner Teresa Miller provides important consumer information on annuities, ...

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