Experts suggest that people are buying risky pension annuities as they see them as a better option than standard ones. Retirees are willing to risk their savings as they consider that they need to make as much money as they can. Risky investments will provide people with great rewards; however, the can also lead to [...]

Annuity prices soared in 2009 as the market considered itself to be at great risk of profit loss. Financial charts show a narrowing of prices in 2010 as they reached historical levels. It is likely that prices will remain stable in 2011 and into the near future. Insurance company Legal & General is known for [...]

The National Association Funds annual investment conference saw a change in Britain’s pension’s landscape. The conference is important as it allows people to focus on defined-benefit, final salary. Other schemes were seriously considered at this year’s conference. The defined-contribution (DC) scheme is a clear rival for the traditional approach as more customers choose it over [...]

Pension and annuity can describe the same financial plan; a regular income to retired individuals during their lifetimes. Pension annuity is the terminology used to define the contract between the holder and the provider. Such a service is useful and beneficial to plan the retirement income of an individual. While the individuals are employed, they [...]

These days some people can live up to more than twenty years after they retire which means there is need to make an investment to cater for those years. This is why there is need for a retirement pension which will substitute the monthly income one was getting whilst they were still employed. This pension [...]