www.purchaseannuity.co.uk

www.purchaseannuity.co.uk


LifeHealthPro

Retirees face the risk of outliving their money
Baltimore Sun
The other Treasury proposal would allow workers to use a portion of an individual retirement account, 401(k) or similar plan to buy so-called longevity insurance. This is a deferred annuity that workers purchase around the time of retirement, ...
New Annuity Rules for 401(k)sU.S. News & World Report (blog)
Partial annuities included in proposed lifetime option rulesPensions & Investments
Clearing the Way for Annuities in Retirement PlansBusiness Finance Magazine
LifeHealthPro -Reuters -Indianapolis Star
all 70 news articles »


Telegraph.co.uk

UK pension body warns that annuity market is on the brink of failure
Financial Times
One way to circumvent these problems, the report says, is for the government to require all schemes to provide a default member support service, which actively helps members to choose the annuity type and then makes the purchase in the open market.
Pensioners in £1 billion annuity rip-offTelegraph.co.uk
Report claims 'unfair' annuity market wipes value off pension potsWhat Investment
The Great Annuity Rip-OffMotley Fool UK

all 29 news articles »


Wall Street Journal

With interest rates low, do annuities make sense?
MarketWatch
Buying an immediate income annuity — an insurance product in which you exchange a lump sum for guaranteed monthly payments for life — lets you skirt two big retirement risks: that a market crash will decimate your savings, and that you'll outlive ...
An Annuity Can Still Make SenseWall Street Journal
More on Variable AnnuitiesAiken Standard

all 7 news articles »


Sales of New York Life's Guaranteed Future Income Annuity Continue to Surge ...
MarketWatch (press release)
The core audience for the Guaranteed Future Income Annuity is pre-retirees between the ages of 55 and 65 who plan to retire in 5 to 10 years. By purchasing the Guaranteed Future Income Annuity, these individuals have the potential to generate higher ...

and more »


Bloomberg

New Treasury Rules Ease 401(k) Annuity Purchase
New York Times
Most employers that offer annuities give retiring workers an either-or choice: the whole balance as a big check, or the whole thing to buy an annuity. Tax rules make it complicated to calculate the values if the amount is split, so those rules are ...
DOL Releases Long-Awaited 401(k) Fee Disclosure RuleAdvisorOne
US Labor, Treasury Departments act to enhance retirement security for an ...Sacramento Bee
Feds Disclose New 401(k) RulesWall Street Journal
MarketWatch
all 159 news articles »


The Psychological Value Of Annuities
Financial Advisor Magazine (blog)
It is around this time that we're forced to listen to our jackass neighbor brag about his latest purchase. (“I was going to go with the Sea Ray 540 Sundancer, but then I thought, 'What's the point of having a small boat?'”) That tears it.



Telegraph.co.uk

How to beat the annuity rate crisis
Telegraph.co.uk
We offer some sensible alternatives Annuity rates have fallen to a record low. By Emma Simon For thousands approaching retirement there is no point in buying a conventional annuity, according to leading pension experts, because rates have plummeted to ...
Questions Of Cash: Mistakes and delays that left a £15000 hole in my pensionThe Independent

all 5 news articles »


Business Insider

Build A Nest Egg That'll Last Until Your 100th Birthday
Business Insider
"If you buy a solid annuity from an insurance company, it doesn't matter how long you live because you have transferred that risk to the insurance company," says Bodie. When deciding how much of your wealth to annuitize, consider the proportion of your ...

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Purposed Regulations for Purchasing Longevity Annuity Contracts
Insurance News Net (press release)
SUMMARY: This document contains proposed regulations relating to the purchase of longevity annuity contracts under tax-qualified defined contribution plans under section 401(a) of the Internal Revenue Code (Code), section 403(b) plans, ...