Pensions

Pensions

As the government unveils its latest Pensions Bill, including plans to increase state pension age in line with rising life expectancy in future years, hundreds of thousands of women, aged between 58 and 60 are completely confused about what is happening to their state pensions.

Unless you retire with a final salary pension, you normally have to convert your pension fund into an income for the rest of your life. For the majority of people the most practical option is an annuity. So what should you look for? Let Moneywise help with our Buyer's Guide.