Chris Collinson – RetireEasy 3 February 2012. The way annuities are sold is costing half a million retirees each year as much as £1bn in future pension income, a report claims.

Mark Soper – RetireEasy This week the Office of National Statistics provided an update in their life expectancy statistics and much of the press centred on their announcement that a third of all babies born in the last year are expected to live until at least 100.We hope the Royal Household is saving up for […]

Mark Soper – RetireEasy A huge fuss was made about the tax on pensioners following the changes to the age-related personal allowances announced in last week’s Budget but what does this all mean?

Not yet retired? You can now include all your additional savings, investments and Pension Contributions between now and your retirement, taking into account increasing these Additional Contributions year-on-year and stipulating whether these are one-off or recurring contributions. New useful charts There are now three additional charts, further breaking down your assets and income. The charts […]

As I’m sure you are aware, today is Budget Day and the Chancellor of the Exchequer has announced some changes to Income Tax rates and thresholds. These have now been fed into the RetireEasy program and this will have had some impact on your LifePlan. Please take a look at your charts and Snapshot to […]

With conventional annuity rates at a record low, interest in Fixed-Term annuities has risen sharply over the last year and this has led to more innovation in this sector which is good news for retirees.

Almost one in five of those planning to retire this year will do so with outstanding debts, according to a Prudential report issued today.

What’s the rate of inflation in your household? Almost certainly not the broad-brush national figures that are trotted out every month. And the problem, says 50+ writer and commentator Tony Watts, is that unless you have a firm grip on the impact of inflation on your outgoings, incomes and assets, it’s very hard for those […]

Christmas is usually associated with buying gifts for loved ones, but this giving spirit may not be shared among many in or nearing retirement this festive season.

Buried away in the reams of pensions legislation is a ‘triviality rule’ allowing pension pots to be taken wholly as a cash lump sum where a retiree’s total pension savings are less than £18,000.  A quarter of the cash sum is paid out tax-free and the remainder is taxable.