MEP criticises annuities directive

24 December 2012

An EU directive is set to result in men receiving lower annuities, according to an MEP.

Conservative MEP Marina Yannakoudakis told the Fulham Chronicle that it is ...

New annuities rules come into force

21 December 2012

Companies will no longer be able to use gender as a factor in calculating quotes for annuities, as a result of the introduction of new legislation banning this practice.

PwC makes annuity rates prediction

20 December 2012

PwC has claimed the arrival of the EU Gender Directive, which will remove price differences between men and women on insurance products, is going to hurt annuity rates for males.

The direct...

Pain for older savers continues as inflation holds

19 December 2012

Older people may be continuing to see their savings eroded after official figures revealed inflation held at the same level in November as in the previous month.

Data unveiled by the Office...

2012 'was year of annuities'

13 December 2012

Older individuals planning their retirement finances may be tempted by a product such as an annuity that can provide them with a regular income once they have given up work.

Planning 'should begin decades before retirement'

10 December 2012

Investors have been advised it would be ideal if they begin planning their retirement well in advance of the time they intend to give up working for a living.

According to a report by the F...

Key wins at the Equity Release Awards 2012

30 November 2012

Key is delighted to announce that we have won two awards at this year's Equity Release Awards 2012 ceremony; winning Best Overall Adviser and Best Financial Adviser - 10+ Employees

DIY financial planning on the rise

29 November 2012

Older homeowners who are considering using equity release plans to unlock money from the value of their property may be weighing up their choice without taking financial...

Scots 'increasingly using equity release'

26 November 2012

Homeowners in Scotland are increasingly using equity release in order to improve their situation in their retirement, according to new figures from Key Retirement Sol...

Annuities customers given advice

23 November 2012

The impending EU Gender Directive is going to affect annuity rates and those considering the purchase of such products may be unsure of what to do.

According to a ...