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Annuity sales continue to plunge

2017-09-08 13:14:46| BBC News | Business | UK Edition

Tens of thousands of pension pots have been cashed in, rather than exchanged for an income for life.

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Annuity re-selling plans abandoned by government

2016-10-18 18:49:54| BBC News | Business | UK Edition

The government has abandoned its plans to let pensioners raise money by selling their annuities to insurance firms.

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Annuity rates 'in freefall' since EU vote

2016-07-08 17:08:54| BBC News | Business | UK Edition

Annuity rates - which determine the value of pension incomes - have been 'in freefall' since the UK's vote to leave the EU, according to an expert.

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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.

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New Connecticut law protects retirees' annuity benefits from creditors

2015-07-22 06:28:40| Paper - Topix.net

The pension benefits earned by Connecticut residents whose employers transfer those liabilities to insurers under corporate pension derisking - programs will be protected from creditors under a new state law. In such programs, employers, who include such well-known organizations as Bristol-Myers Squibb Co., General Motors Co., Kimberly Clark Corp., and Motorola Solutions Inc., have transferred billions of dollars in benefits owed to pension plan participants through the purchase of group annuities from insurers.

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