Annuities
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Average income for retiring pensioners has fallen by 15% so far, MoneyFacts data reveals
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The vote to leave the EU has seen annuity rates fall sharply. But would-be retirees still have other options
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Retirees thinking of using their pension to buy an annuity to fund their retirement are advised to buy sooner rather than later
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City regulator says some may risk running out of money in retirement, and others may not realise the true value of their plan
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Equity Release Council reports biggest quarter for lending in its 25-year history on the back of drawdown mortgages
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Financial Conduct Authority study finds 68% of pensions accessed between July and September were cashed out, raising concerns over investment decisions
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In April 2017 the rules change and five million annuity holders can swap an income for life for a lump sum
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First data since pension freedom day highlights problems savers are encountering trying to access their cash
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More than 200,000 have taken out cash since George Osborne introduced reforms in April, while the sale of annuities has plummeted
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People’s Bank of China described move as a ‘one-off’ but if Beijing seeks to boost imports through devaluation, it will be a painful process
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Hard-hit annuity providers Just Retirement and Partnership Assurance to create £1.6bn group
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Plus, the Treasury promises to act on pension withdrawal fees, and we talk to retirees about downsizing
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Skeoch, who runs the Edinburgh-based company’s investment division, will take over in August on an annual salary of £700,000
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Pension freedoms have been in force since 6 April, but many pensioners report difficulties making withdrawals
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In the month since pensioners got the choice, a poll finds most are shunning Lamborghinis and ocean cruises
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Average annual income on offer from a standard annuity for a 65-year-old with a £10,000 pension pot plunges by 5.9% since start of year
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George Osborne has confirmed plans to make it easier for pensioners who have already bought an annuity to cash it in, exchanging an income for life with a lump sum. Phillip Inman and Ros Altmann go head to head
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We answer some of the questions you should be asking before you commit to selling your retirement income
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The government expects a rush by pensioners to cash in as budget scraps 55% tax on annuities from next year
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Chancellor’s budget plans mean retired will be able to sell annuities in move designed to woo older voters
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In the final part of our pension ‘bootcamp’ series, we consider the future for people in their 60s
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Watchdog outlines ‘risk warnings’ that must be provided to those taking cash out of their pension pot
FCA considers £1m compensation limit to increase protection for pensioners