Annuity firms slash rates to worst level EVER as pension freedom causes slump

This is a duplicate of the Blog Entry made on 25th April 2015 11:18.

*in purchases of retirement income product* Annuity rates have collapsed to all-time lows within weeks of pension freedom reforms...

bizarre series of circumstances as regards my old occupational defined benefits scheme.

I've posted previously about the massive disappointment I have with Aviva who have had my section 32 buy out policy since 1988. 27 years they've had it and no bonuses for 20 years, unable to meet the...

Were you mis-sold a rotten pension deal? Aviva admits selling sick pensioners the wrong annuity

This is a duplicate of the Blog Entry made on 26th November 2014 13:22.

*experts fear it's the tip of an iceberg* Britain’s biggest insurer has launched an in-depth review after...

probably a good idea this one, announced in Osbornes' Budget statement..

But, while it's early days it is unclear which pension schemes will qualify for this...unless anyone knows ?

I'm pretty sure the Section 32 buy out schemes will not qualify though (just a feeling)..These...

Financial watchdog heavily criticises pension annuity deals

This is a duplicate of the Blog Entry made on 10th December 2013 06:52.

Some insurance companies and pension providers have been heavily criticised in a report on the sale of annuities to people when they retire....

Probably not many like me who in a couple of years will be looking around for the best annuity rates...but I thought I might share something I only recently found out.

I had a works pension I transferred to a private provider (Aviva) and as I am approaching cash in day they are writing...

Death of the High Street Salesmen

This is a duplicate of the Blog Entry made on 3rd October 2012 09:33.

Banks will be banned from taking commissions to sell you duff products....Going to a bank branch for help with an Isa, pension or other investment...

Click...

Wow, I have only just noticed there is a pension thread on here! AAD really is the one-stop-shop

Ok, a few weeks ago, the missus' old man asked me if i knew of any way to get your money out of a pension scheme that had been sat unused for quite some time.

I had never...

Hi

Is there anyone here who might be able to help / point me in the right direction for some advice please re the Mrs's Pension woes.

I have reclaimed mis-selling of a pension plan to the Mrs when she was young and foolish (married me- lol).
She was told that as a part...

Having just gone past the big 4 0 I was giving some thoughts about my future....especially the uncertainties that I face today going through a divorce and dealing with many other matters on top.

The future on welfare benefits is also changing every day...and every new party that comes to...

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Rather than enrich your heirs, these plans – which are advertised by the likes of Michael Parkinson, Gloria Hunniford and Cilla Black – can leave pensioners thousands of pounds out of pocket, says Which?

Free pens, celebrity...

Annuity rates fall to lowest ever levels

This is a duplicate of the Blog Entry made on 1st September 2011 07:53.

*Annuity rates fall to lowest ever levels* ---Quote (Originally by 5corpio)--- *Annuity rates have fallen to record lows wiping thousands of...
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