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Tag: pensioners
Pensioners 'face annuity sale risks'
2016-04-21 16:50:03| BBC News | Business | UK Edition
Pensioners who decide to sell an annuity retirement income face significant risks - such as running out of money in old age, the City watchdog says.
Climate change targets 'have huge implications for UK pensioners'
2016-01-02 23:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: Britains biggest carbon polluters stand to lose billions of pounds from tough new climate targets and must come clean with their shareholders about the financial crisis that lies ahead, the countrys biggest pension funds have warned. A legally binding agreement struck by world leaders in Paris last month, to reduce greenhouse gas emissions dramatically, has huge implications for pensioners, who have billions of pounds invested in carbon-intensive companies. Analysts say that more than three-quarters...
Tags: change
uk
huge
implications
Pensioners can sell annuities from 2017
2015-12-15 10:29:15| BBC News | Business | UK Edition
People will now be able to sell their pension annuities for a lump sum from April 2017, the government has confirmed.
Tags: sell
annuities
pensioners
Pensioners found on 'suckers list'
2015-07-23 12:29:41| BBC News | Business | UK Edition
Nearly 200,000 people - with an average age of 74 - have been seen on so-called "suckers lists" circulated by fraudsters.
Tags: list
found
suckers
pensioners
Pensioners switch to income drawdown
2015-07-15 01:12:53| BBC News | Business | UK Edition
People over the age of 55 are turning away from buying annuities, in favour of income drawdown policies, industry figures show.
Tags: income
switch
pensioners
drawdown