Annuity Rates halve in last 15 years

Annuity rates have halved in the last 15 years, meaning that those who are facing retirement within the not too distant future, are looking at daunting prospects. This enormous fall in annuity rates will mean that those about to retire will have to weigh up their...

State Pension to get 2.5% increase

By April of next year, state pensions will rise by £2.40 per week, despite the negative Retail Index Price of last month. September’s inflation usually determines the rate at which pensions are altered in April. However, since 2001 the government has implemented...

The UK Pension Problem

The total liabilities of the UK Defined Benefit pension schemes, now tops £1 trillion, with the deficit hitting £200 billion. No one is more concerned than those with pensions whose schemes are being threatened with closure and questions are being asked about whether...

Review your Pension now!

Have you got a pension? If the answer is no, then you should be looking at your plans for retirement. Equally if you have a pension, then you need to make sure that it is going to provide for you in later life. As you will have heard, many pension schemes in large...