Annuity Rates

The ABI has issued new pension guidelines

ABI issues new guidelines for insurers on pensions and annuities

The Association of British Insurers (ABI) has launched a new set of guidelines designed to ensure pension providers give people full information on their retirement options.

The FSA is investigating the UK annuity market

FSA launch inquiry into annuity market

The Financial Services Authority has launched an inquiry into the annuity market to investigate whether customers are being encouraged to scour the market for the best deal.

Annuity rates have fallen by 11.7% in 12 months

Annuity rates fall by 11.7% in 12 months

New research by MGM shows that the decline in annuity rates is continuing and pension savers are being urged to consider all options to find a better return.

A comfortable retirement is more difficult to secure, says the Prudential

Annuity rates drop by 11.5%, biggest annual drop since 1998

A new report by the Prudential shows that annuity rates have fallen by 18 per cent since 2008 and the impact is even worse when inflation is taken into account.

The Chancellor is considering cutting pensions tax relief

NAPF warns Osborne to keep his hands off pension tax relief

The National Association of Pension Funds (NAPF) is urging the Chancellor not to cut pension tax relief in his Autumn Statement next week.

Over 50's are underestimating their life expectancy, warns a new report

NAPF warns over 50's "sleepwalking into old age"

A new report says that over 50's are underestimating how long they will need to fund their retirement for and are "sleepwalking" into old age.

Annuity rates have dropped by 7% in just three months

Record drop in annuity rates risks success of auto-enrolment

New research from MGM Advantage shows that annuity rates have dropped by seven per cent in just three months, the largest drop since MGM began tracking the rates three years ago.

Index reveals drop in average annuity rates

MGM: Annuity rates have plunged 11.2% since June 2009

Annuity rates have dropped by more than 11 per cent in less than three years, putting pressure on people approaching retirement, according to MGM Advantage.

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