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The ABI (Association of British Insurers) say that only 37% of people used their Open Market Option (OMO), or in other words two thirds of people who have saved hard to build up their pension do not shop around for the best Annuity
April 27th, 2010
Investment Sense is proud to announce the launch of our Retirement Centre and that we have signed up for the Offer More Options campaign.
An amazing two thirds of people do not use the Open Market Option when they come to take an income from their pension fund opting instead to take the Annuity offered to them by their current pension provider
April 23rd, 2010
In a reversal of last month’s figures new figures show that UK inflation rose significantly last month.
CPI (Consumer Price Index) rose from 3% in February to 3.4% in March, RPI (Retail Price Index), which includes housing costs rose by even more from 3.7% to 4.4%.
The rise in both measures was put down to the continuing effects of the VAT increase early in the New Year; however recent rises in petrol prices probably had a more significant effect. The ONS (Office of National Statistics) who compile the inflation figures also said increasing air fares, ...
April 21st, 2010
The Halifax have echoed the upward trend of Nationwide’s latest figures saying that house prices in March rose by 1.1%. However there are large differences between the rates of annual house price inflation that the two major lenders believe we are experiencing. Halifax suggests that the annual rate of house price growth is now 5.2% significantly below the 9% figure issued by the Nationwide. The Land Registry believes that the annual rate is 7%
April 14th, 2010
