Budget 2014: Winners and Losers

Investment Sense Verdict_istock George Osborne certainly pulled some rabbits from the hat in his latest Budget. In fact, if you are a saver or have a pension, then today’s Budget will go down as the most significant in a generation. So, who are the winners and who lost out? We reveal all. Budget 2014: WinnersWinners Prospective pensioners When you get to retirement and need to convert your pension pot into an income, you ...

Annuities: Annuity rates set to fall?

iStock_000015874214_ExtraSmallAfter increases to Annuity rates in the first half of the year, prospective retirees, many of whom may have delayed their Annuity purchase in the hope of a higher rate, will be left disappointed if predictions that Annuity rates are set to fall come true. Annually, around 400,000 people buy an Annuity with their pension. An Annuity provides retirees with a guaranteed income for life, although over the past few years a number of factors have pushed Annuity rates lower: Increased longevity, we’re all living longer Low ...

Annuities: Why delaying your Annuity purchase could be very costly

iStock_000006992053XSmallAs Annuity rates show signs of increasing, many would-be retirees might be tempted to delay their Annuity purchase, but new research shows this could prove to be a costly mistake. Figures from Annuity provider MGM Advantage, show that the lost income resulting from a two year delay in buying an Annuity, could take between 37 and 41 years to recover; well above the remaining life expectancy of the average retiree. Delaying an Annuity purchase As gilt yields have started to rise and Annuity ...

Guest Blog: Talbot & Muir to launch Single Asset SIPP

Guest Blog - Talbot and MuirIn our latest guest blog, Oliver Bowler, Business Development Manager with Talbot & Muir looks forward to the launch of their new Single Asset SIPP: Talbot & Muir is delighted to announce that we are well advanced with the development of our latest SIPP offering to complement and enhance our existing product range. In our 20 year history of SIPP and SSAS administration and trusteeship we have largely specialised in the bespoke end of the market, helping ...