6 Common Annuity mistakes

Whether you are thinking about buying an Annuity now or indeed do not need to make a decision about which Annuity to purchase for a little while to come, we thought it would be useful to highlight the six mistakes most commonly made when it comes to this all important decision. 1. Not using the Open Market Option This is probably the most common mistake, made by nearly two thirds of people (Source: Pension Income Choices Association). The facts are simple, you may well get a significantly better income from your Annuity if you shop about. If you don’t check you will never know, ...

Ulster Bank launch 3 year fixed rate account paying 4.15% gross AER

Ulster Bank, part of The Royal Bank of Scotland, has launched a new market leading account offering an attractive rate of interest which will help your savings keep pace with inflation. The Royal Deposit Plan 5 is a three year fixed rate account offering a fixed interest rate of 4.15% gross per annum. The account must be held for the full term for interest to be credited, although interest can be paid to a separate account on an annual basis if you wish. The account is available for new Cash ISAs and money held in existing Cash ISAs can be transferred into the ...