Articles tagged "annuities"

One in five Brits has no pension

Last updated: May 21st, 2012

News by Rebecca Rutt

UK pension savings have hit an all-time low with only 46% of people saving enough for their retirement, according to a report from Scottish Widows.

Six options to improve your pension pot income

Last updated: May 15th, 2012

Feature by Ceri Jones

If you have accumulated a pension pot rather than a final salary pension, here are six ways you can boost your income.

Can I extract money from my pension?

Last updated: May 2nd, 2012

Feature by Patrick Connolly

Our financial expert advises a Moneywise reader on whether it is possible to extract money from a private pension in order to pay off immediate debts such as credit cards.

A new pension scheme is in the pipeline

Last updated: May 16th, 2012

News

Pensions minister Steve Webb recently revealed his idea for a third type of pension scheme - 'defined ambition'. But why does he think it's needed, and how might it work?

Moneywise launches Compare Annuities

By: Le Fras Strydom on Feb 27th, 2012

annuities

We are pleased to announce that our annuities comparison service is now live. We have forever been urging our readers to shop around for annuities and we are thrilled that you will now be able to do so at Moneywise.

lefras's blog

Pensioners sacrificed for questionable experiment

By: Johanna Gornitzki on Feb 21st, 2012

annuities

Just how much money can you squeeze out of a would-be pensioner? A lot it seems, according to the governor of the Bank of England (BoE), Sir Mervyn King, and his cronies.

Johanna Gornitzki's blog

Bad decisions cost you 24% of your pension

Last updated: Feb 9th, 2012

News by Rebecca Rutt

Savers who make the wrong pensions decisions could see their retirement incomes slashed by an average of 24%, according to a new report issued today.

Annuity rates in freefall

Last updated: Jan 23rd, 2012

News by Rebecca Rutt

Annuity rates have plummeted 9.3% during the last three years, meaning less money for people about to draw their pensions, according to the latest results of MGM Advantage's Annuity Index.