Income in retirement

Have baby-boomers had it too good, for too long?

Friday, 15 January 2016 | News

An inquiry into ‘intergenerational fairness’ has been launched by the Work and Pensions Committee to establish whether the generation of people in or approaching retirement is getting a better deal than younger generations.<...>

Sell your annuity from 2017

Tuesday, 15 December 2015 | News

Some five million retirees will be able to sell their annuity income for a cash lump sum from April 2017, according to plans revealed by the government today.

Annuities get a new look

Wednesday, 21 October 2015 | Article

Annuities have long suffered a bad press. Not only have rates tumbled as people live longer, but pension providers have failed to tell customers they can shop around for a better deal.

New annuities combine security and flexibility

Monday, 19 October 2015 | News

Retirees can now combine the security of a guaranteed income with the flexibility offered by income drawdown following the launch of two new plans from retirement specialists Retirement Advantage and Partnership.

Can I trade in my annuity to get my money back?

Tuesday, 28 July 2015 | Question and Answer

At the moment, the new pensions freedoms don't cover people who have already purchased an annuity.

How much could you get with an enhanced annuity?

Wednesday, 22 July 2015 | News

Two-thirds of people could be eligible for an enhanced annuity - thereby boosting the amount of guaranteed income they receive in retirement.

Summer Budget 2015: Second hand annuity market delayed

Wednesday, 08 July 2015 | News

Frustrated annuity holders wishing to sell their income will have to put their plans on hold.

Insurers urge government not to rush secondhand annuity market

Friday, 26 June 2015 | News

The Association of British Insurers is calling on the government not to rush through its introduction of a secondhand annuity market that will allow policyholders to sell their existing annuity for cash.

Will you sell your annuity?

Wednesday, 18 May 2016 | Article

Currently, annuity sales are non-reversible. Beyond your cooling-off period (typically 30 days), you cannot cancel or change your policy in any way.

Only 17% of annuity holders would consider selling for cash

Tuesday, 21 April 2015 | News

Fewer than one in five annuity holders would consider selling their annuity for cash if the government introduces rules allowing them to do so.