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Annuity news

Pitfalls at retirement - Annuities

Expert comment by Ruth Richards | Mon 30 January 2012

Much attention is focused on the best way to save for retirement and build up a good pension. However, many people fail to think carefully enough about the next step - retirement itself. There are a number of options available, and it is vital to choose a route that secures the best possible income in a way most appropriate to your circumstances. Read more

A New Year review that might affect your annuity

Expert comment by Ruth Richards | Mon 12 December 2011

It's not only mere mortals that review lifestyle come the first of January. Annuity insurers also do the same and this could affect your annuity. Read more

The cost of delaying your annuity

Expert comment by Ruth Richards | Mon 28 November 2011

If you have decided to buy an annuity in the near future there's little to be gained by delaying in my view. One year's delay could take as long as 22 years for income to catch up. Read more

Inflation, your pension and a court case

Expert comment by Tom McPhail | Tue 25 October 2011

How much inflation-proofing should be built into a pension income? This question is being challenged by various public sector unions which have gone to the High Court to try and force the government to reverse a change it made to their pensions last year. Read more

Annuity purchase - if I delay, will I benefit?

Expert comment by Tom McPhail | Wed 21 September 2011

If you have decided to buy an annuity in the near future I believe there's little to be gained from delaying and potentially much to lose. For most people, most of the time, the simplest and most effective answer is to buy an annuity when you need it; delaying in the hope of getting a better deal later on is likely to work against you. Read more

Annuities and the effect of inflation

Expert comment by Laith Khalaf | Mon 22 August 2011

While you're working, the rising price of the goods you spend your money on can be a problem. However prices and wages tend to rise together, so although you have to spend more on goods, usually you can afford more too. But this is not necessarily the case once you hit retirement, which is why inflation is often seen as a particular problem for pensioners. Read more

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Annuity rates can change regularly and may go up or down in the future. Quotes are guaranteed for a limited time only. Once set up, an annuity cannot normally be changed or cancelled, so it is important to consider all your options carefully.

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