FTAdviser latest:Annuity rates fall over past month

Story by: Sharon Flaherty, FTAdviser

The best level annuity rate in the UK market fell slightly over the last month for women, the latest annuity rates from Alexander Forbes Annuity Bureau show.

  • Time published: 16:58
  • Date published: 05.01.2009
  • Published in: Pensions

State pension needs to double

The basic state pension needs to double in order to provide a 'comfortable' retirement, yet the majority of people are still reluctant to top up their retirement savings, research by Friends Provident found.

  • Date published: 02.01.2009

Third way annuities could prove costly

Life offices offering third way annuities may run into serious problems meeting guarantees, stunting growth in the flexible market, Royal London has suggested.

  • Date published: 19.12.2008

PIC takes on Thorn liabilities in record pension buyout

Thorn Pension Fund has completed the UK's largest ever pension insurance buyout, in a £1.1bn deal to purchase a bulk annuity contract from the Pension Corporation's subsidiary Pension Insurance Corporation (PIC).

  • Date published: 15.12.2008

PATC urges compensation for Equitable Life

The parliamentary committee charged with investigating the failures of Equitable Life has published a damning report, calling on the government to acknowledge responsibility and pay compensation.

  • Date published: 15.12.2008

Scottish Life offers IFAs support on income release advice

Scottish Life has launched a new support package for IFAs to help them better advise their clients about income release and, in turn, fulfil their Treating Customers Fairly (TCF) obligations.

  • Date published: 12.12.2008

LV= to offer real-time enhanced annuity quotes

LV= is in the process of developing its online systems so clients and advisers can access enhanced annuity quotes instantly.

  • Date published: 11.12.2008

1st The Exchange expands annuity comparison system

1st The Exchange, a provider of e-commerce services is expanding its existing annuity comparison system on Exweb, with the launch of real-time and fixed term rates.

  • Date published: 10.12.2008

Early access to pension funds belongs on electoral agenda, says L&G

Early access to pension funds before investors reach retirement age should be debated at the next general election, according to Adrian Boulding, wealth policy director for Legal & General.

  • Date published: 04.12.2008

Bank nationalisation raises questions about subsidy for Personal Accounts

The part nationalisation of banks has raised questions about whether Personal Accounts should be subsidised by the government, according to Standard Life.

  • Date published: 04.12.2008

Features

Counting the cost of IHT avoidance

Letter to the Editor

  • Time published: 00:01
  • Date published: 08.01.2009

Advertising

News Analysis

Third way annuities could prove costly

Providers may struggle to meet guarantees in current climate

  • Time published: 00:01
  • Date published: 01.01.2009

News Analysis

Equitable decision delayed again

Government fails to meet response deadline

  • Time published: 00:01
  • Date published: 01.01.2009

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