Income in retirement

Will you be able to sell your annuity?

Thursday, 09 April 2015 | TV /Video

Money-back annuity launches

Wednesday, 01 April 2015 | News

A new annuity that offers a 'money-back guarantee' has been launched by retirement income specialist, MGM Advantage, coinciding with the launch of the new pension freedoms that come into force on 6 April.

Budget 2015: Annuity holders granted right to sell

Wednesday, 18 March 2015 | News

George Osborne has confirmed that some five million existing annuity holders will be given the right to sell their contract in return for a lump sum from April 2016.

5m pensioners will get to cash-in poor-paying annuities

Monday, 16 March 2015 | News

The government has confirmed plans to allow existing annuity holders to sell their annuities in return for a cash lump sum from April 2016.

Annuity holders could be given right to cash in their plan

Thursday, 12 March 2015 | News

The government is reported to be considering new rules that would allow existing annuity holders to sell their plans in return for a cash lump sum.

Annuity rates fall by 6%

Wednesday, 28 January 2015 | News

The average annual income for a 65-year-old buying a standard level annuity costing £10,000 fell by 5.7% over the course of 2014, according to the latest Moneyfacts report into annuity trends.

Pensions minister proposes re-sale of annuities

Monday, 05 January 2015 | News

The pensions minister Steve Webb has proposed that pensioners with existing annuities should be allowed to sell them in exchange for a cash lump sum.

Annuity providers must do more to help customers

Thursday, 11 December 2014 | News

Enhanced annuity providers are failing customers by not encouraging them to shop around for the best rates available, the Financial Conduct Authority (FCA) has found.

Autumn Statement 2014: Pass on your annuity tax-free

Wednesday, 03 December 2014 | News

George Osborne has confirmed that retirees will be able to pass on annuity income tax-free, if they die before age 75.

More must be done about the 'annuities scandal'

Tuesday, 02 December 2014 | News

The government's older workers' champion has called on more to be done to help thousands of pensioners who might have been the victim of annuities mis-selling.