The standard annuity rate rose to its highest level for the whole of 2015 during June, according to figures released this morning.
One in five over 55s may have been targeted by scammers looking to trick people out of their savings.
A Cystic Fibrosis charity has thanked staff at a pensions company for raising nearly £4,000 by trekking to a huge hollow where the devil tormented the god Thor, according to legend.
Protection for the rights of dependents and beneficiaries particularly vulnerable older people must be cemented before secondary annuity market plans go ahead, the ABI says.
The difference between the average purchase funds size for a lifetime annuity versus drawdown has grown almost three times bigger since the launch of the pension freedoms, research suggests.
We live in an instantaneous world – if I go on Amazon I can have my purchase with me the next day, banking can be done at the click of a mouse and bills can be paid without even getting up in the morning.
As Father’s Day approaches this weekend research has suggested that more than a third rely on their dad for pension and savings advice.
Pensions administration company Equiniti has announced contingency plans for overseas pensioners in Greece.
The FCA must fire a warning to firms that barriers stopping savers accessing their pensions are unacceptable, the Government has commanded.
Parmenion has reported that it has processed nearly 3,000 applications for its in-house Sipp in its first year.
The company said this represented over £200m of assets.
The company said this represented over £200m of assets.
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