Last chance to buy record-high annuities
Experts warn that rates are peaking and pensioners will be worse off from next month
Source: telegraph.co.uk
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Savers rush to annuities as bond chaos boosts income
Spike in yields provides rare opportunity to bag a higher pension
Source: telegraph.co.uk
Pensioners robbed of £760 by rising prices
Pensioners with fixed income annuities will bear the brunt of rising prices
Source: telegraph.co.uk
LCP calls for unadvised mass market default switch to annuities
A ‘flex first, fix later’ pension that would switch to annuities when retirees are in their late 70s early 80s would combine flexibilities and guaranteed income in a way that could help people have better retirement outcomes, according to Lane Clark & Peacock (LCP).
Source: professionaladviser.com
PPI calls for soft retirement defaults and MOT at 75
Soft defaults which are tailored for different retirement need archetypes could help people to better manage their retirement income and benefit from a mixture of flexibility and annuities, according to the Pensions Policy Institute (PPI).
Source: professionalpensions.com