Pensions are in a mess right now. People are living longer, everything costs more and as a result folk just aren't saving for the future. The Department for Work and Pensions (DWP) have published some scary figures about pensions in the lead up to the new pension changes,... [Continue reading]
Every now and then the financial services industry takes a tiny step in the right direction. So it was one of those times when the insurance industry announced that it was going to devote some effort to getting people to shop around for a better annuity deal when they... [Continue reading]
There a few types of annuities, but generally speaking, an annuity is when a person converts their pension into a form of regular retirement income. In exchange for you pension, an insurance company will pay you a regular income for the rest of your life. The insurance company... [Continue reading]
Like it or not, old age is on the horizon for all of us. And if they are to be ‘golden years’ of retirement rather than years of ruin and regret, then you are going to need a pension. With so much doom and gloom in the news about pensions, many of us would be forgiven for... [Continue reading]
