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corporate bonds

Empty pockets

Pension incomes set to shrink

The amount of money people can earn from their pension annuity is set to fall sharply over the next year as a result of the economic downturn coupled with longer life expectancy. Read more
Exit sign

Standard Life cuts customer bonuses

Standard Life has become the latest with-profit player to slash final bonuses and extend exit fees in a move that means most policyholders will see a fall in the value of their plans. Read more

Tide turns on rising annuity rates

Pensioners yet to take out an annuity product have been urged to think about doing so quickly, as rising rates seem to have hit a tipping point. Read more

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