Three reasons an Annuity might be the right choice and how to get the best rate

Annuities were never the most popular of options for retirees. Often seen as inflexible and poor value, many were bought begrudgingly by people who thought they had no other option. Since Pension Freedom was introduced, the number of Annuities being bought has dropped significantly. Figures from Retirement Advantage show that around 180,000 have been bought over the past two years. Despite a fall in popularity, there are still many reasons why an Annuity might be the right way of turning your pension into an income: 1.You want a guaranteed income, which ...

Retirement: When the right answer is to do nothing at all

iStock_000029045488XSmallIf you’re close to your anticipated retirement date or State Pension Age (SPA), your thoughts will be dominated by how to turn your pension pot into an income. Questions such as, is Annuity or Income Drawdown right for me? Would another option be better? How can I get the best Annuity rate will rightly dominate your thoughts. But, there is one option which is all too often overlooked: Deferral....

Guest Blog: The four D’s of joint SIPP property purchase

IPMs round up of SIPP newsIn our latest guest blog, James Randall of IPM reveals the all-important four D’s of joint SIPP property purchase. Combining SIPP monies to purchase commercial property is a popular investment strategy for the clients of IPM. Whether the members of the group are business partners, husband and wife, company directors or siblings the pooling of SIPP (Self-Invested Personal Pension) monies gives clients greater purchasing power and prevents having to approach a bank for funding or pay ...

Income Drawdown: 120% more flexible, 100% easier

Barnett WaddinghamIn his second guest blog of the week, Andy Leggett of Barnett Waddingham looks at the imminent changes to Income Drawdown and highlights the risk of immediately increasing your income: Income Drawdown is a fantastic product for some. One of its central features - being able to vary the level of income you take from your SIPP (Self-Invested Personal Pension) - gives fantastic flexibility. We all like flexibility: it gives us more options and a sense of ...