People approaching or in retirement are being urged to think carefully about their pension income options, in light of ...

For the first time ever, Albuquerque could be offering cash to low-income families. To start, the initiative would benefit ...

Sales of annuities, which offer people to use their pension pots to buy an income for life, have skyrocketed by 24% in the last year.

The cost of payments to retirees has since soared past £1bn a month, while taxpayers will fund another £9bn of payments into ...

Systematic Investment Plans (SIPs) and Public Provident Funds (PPF) are two popular long-term investment options. PPF is a ...

Insurers sold £7bn in annuities in 2024, with more people look to secure their money in uncertain economic conditions ...

Total sales were worth £7billion last year, a 34 per cent increase on 2023, according to the latest data from the Association ...

Retirement planning is essential for a financially secure future, and one feature that frequently arises in discussions is the Guaranteed Income Benefit. This option guarantees a consistent income ...

Regular interest payments from gilts, known as coupons, are taxed as income unless held in a tax-free wrapper. However, gilts ...

Protecting your money is as important as growing it. That doesn't sound particularly exciting, but for investors approaching retirement, capital preservation becomes increasingly important.

Research shows retirees hesitate to spend savings but readily use lifetime income. Here's what this means for you. In this ...