UK and world daily Annuities news stories | Money Avenue Finance News

Aviva Unveil Retirement Reform Ideas

Wed, 25 May 2011 07:00:00 +0100

Aviva, one of the UK s largest Insurance providers, has launched sweeping proposals for reforming the retirement sector in the UK in its report Rethinking...

Life Annuity Rates Continue to Decline – Moneyfacts

Mon, 08 Nov 2010 06:58:41 +0000

A report by Moneyfacts, UK financial portal, suggests that annuity rates are continuing to slide making it harder for Brits to have sustainable retirement...

Impaired Life Annuities Sales Increase by 40%

Thu, 09 Sep 2010 09:56:57 +0100

According to a research carried out by Towers Watson, sales of enhanced annuities rose by more than 40% in the first half of this year. They reached...

Pensioners Should Be Better Advised on Annuity Purchase

Tue, 27 Jul 2010 07:49:12 +0100

According to the specialist pension law company, Sackers, pension providers, scheme trustees and individual financial advisors might face a flow of complaints...

Aviva Launches Annuity Campaign

Mon, 07 Jun 2010 13:46:18 +0100

The new annuity campaign launched by Aviva aims to clarify the notion for the Brits, most of whom do not understand what it is. According to Mr. Bolton, Aviva...

Not everyone knows what an annuity really is

Fri, 30 Apr 2010 08:15:00 +0100

Different people were asked to choose the correct version between a few descriptions of an annuity. Among the proposed options, only two were correct. However,...

Can address make a difference to your pension annuity?

Wed, 14 Apr 2010 07:00:00 +0100

The retired middle class in “middle England” appear to be in a less favourable situation than those who live in other places: The pension annuity...

Relying on property to fund retirement.

Tue, 13 Apr 2010 07:00:00 +0100

Downsizing is considered to be one of the possibilities for homeowners to use the value of their home and partly finance their retirement. However, this...

Impaired life annuity sales growth

Sat, 13 Mar 2010 21:41:10 +0000

Sales of so-called enhanced life annuities soared by nearly a quarter to reach a new record high during 2009, research shows.Impaired life annuities sales have...

Pension Annuities Sales Continue to Climb

Fri, 26 Feb 2010 12:56:34 +0000

Latest data revealed by IRI and Beacon Research suggests that pension annuities are still in demand.

Zurich Seeking New Pension Annuity Partner

Fri, 26 Feb 2010 12:55:44 +0000

Insurance company Zurich is said to be seeking a partner for pension annuities to replace Prudential.

Life Insurance Companies Fined for Selling Life Annuities

Fri, 26 Feb 2010 12:54:37 +0000

Nationwide Life Insurance Co. and Nationwide Life and Annuity Insurance Co. were fined for encouraging their customers to switch between annuities without explaining the pros and cons of the deal.