Not only do income annuities squeeze more monthly income out of your savings than any comparable product, but new research shows that when we are retired we are much more comfortable spending an extra ...
This funded pension scheme now offers access to low-cost fund management with the option of staggered withdrawals of what was ...
Teachers, firefighters, police and others who earn a separate pension for government work will now get their full Social Security benefits.
You can usually use the money in your pension (or any other savings) to buy an annuity from age 55, but you don’t have to use the whole amount. Remember that you can withdraw 25% of your pot as a ...
Please note that only 60% of the NPS corpus can be withdrawn as a lump sum, and a minimum of 40% must be invested in an annuity. During the retirement period (30 years with a life expectancy of 90 ...
Another pension plan risk transfer lawsuit: Lumber firm sued over its $1.5B transfer to Athene Annuity Seattle-based Weyerhaeuser Company employees filed a class action lawsuit over the transfer ...
Amid fears that the cap on the 25 per cent tax-free lump sum could be cut from £268,275 to as ... the purchase of an annuity". It added: "The payment of a [pension commencement lump sums] or ...
My pension pot is £70000 from which I have already taken the 25 per cent a few years ago. I can now buy a yearly annuity of £5100 pa if I include my husband who is 65 next April for him to receive a ...
Campaigners have reacted with fury to what they call the government's "unjustified" rejection of compensation for women hit by changes to the state pension age. They say 3.6 million women born in ...
insurance, annuity sales come Jan. 1 California’s new best-interest insurance sales bill (Senate Bill 263) could bring chaos to consumers and agents come Jan. 1.
BlackRock has made its annuity-embedded target-date fund available ... In an employee memo shared exclusively with Pensions & Investments, Larry Fink, BlackRock chairman and CEO, and Caroline ...
“There are certain decisions that should be made by elected representatives, and not subject to what happens at the negotiating table.” Pensions for Rochester police are broken into three ...