Tag: Annuities
Rachel Reeves humiliated as Brits dodging inheritance tax grab in droves
Brits are resorting to longer-term financial planning in order to escape inheritance tax rises. …
State pensioners facing 6-week payment delay as Rachel Reeves’ mini-Budget sparks panic
Savers who want to spend their pension cash before next year’s IHT cash grab are reportedly facing six-week delays. …
Expert urges pensioners to shop around or risk losing £1,500
The older you are when you buy an annuity the better deal you normally get, because the insurance company is not expecting you to live as long. …
One simple step to escape Labour’s pensions inheritance tax raid
Chancellor Rachel Reeves has panicked retirees by pledging to slap inheritance tax on their pensions when they die. But there’s an unexpected way to fight back. …
Insurance sales boom amid surge in value of deals offering over £7,000 a year for life
The increase comes on the back of big increases in the value of the yearly income offered …
Drawdown disaster as Brits blow pension savings in their 50s – and we’ll pick up the tab
Pension freedom reforms have backfired as new research shows millions of Britons are blowing their retirement savings in their 50s, which means the money could run out decades before they die. …
Pensioners warned this may be last chance to get £7,000 a year guaranteed income for life
Lifetime annuities now pay the highest amount of income for years but experts are urging pensioners to consider buying one today before rates fall. …
