MSE News

Annuity

Getting an annuity? Providers will soon have to tell you if there's a cheaper deal elsewhere

New rules from the regulator will force firms to tell you if their rivals are cheaper

25 November 2016

Government scraps plan to let you sell your annuity

Proposed new pension freedoms have been binned as they weren't guaranteed to give consumers value for money

18 October 2016

Annuity rates 'hit all time low'

Standard annuity rates have collapsed to all-time lows just weeks after new pension freedoms came into force

23 April 2015

New rules confirmed, which give more protection to savers if their bank fails

The FSCS limit will be increased from £85k to £1 million for temporary balances under new rules outlined by the Bank

1 April 2015

Plans to help savers get the best pension income confirmed

Pension providers will have to give more support to savers accessing their pension pots in future, under FCA plans

26 March 2015

New pension freedoms means it pays to know when you'll die

In tomorrow's Budget, the Chancellor is likely be lauding the most radical changes to private pensions for a generation

17 March 2015

Plans to allow savers to sell their pension income revealed

Five million people who've already bought an annuity will be given the same freedoms as people nearing retirement

16 March 2015

State pension statements now available to the over-55s

Everyone aged-55 and over will now be entitled to a free state pension statement the Government has announced today

7 February 2015

Free pension guidance service branded ‘Pension Wise’

Impartial guidance will be offered over the phone and face-to-face alongside the pension changes due in April

12 January 2015

Annuity sales practices failing pensioners, says FCA

Annuity providers aren't doing enough to encourage customers to check if they can get a better deal elsewhere

11 December 2014

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