• PENSIONSANDSAVINGS.COM

    From Ros Altmann:economist and pensions,
    investment and retirement policy expert

  • pensionsandsavings.com

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    250,000 widows and widowers at risk from annuities

    250,000 widows and widowers at risk from annuities

    I’m doing quite a bit of work on annuities at the moment and just thought you might be interested in seeing some of my conclusions.  The current annuity reform agenda benefits the brokers and providers, not the poorly-informed consumers.  I’m particularly worried about future widows left with nothing because their husbands did not realise the implications of annuities. What do you think?  Do leave a comment below. 250,000 widows or widowers at risk in annuity market each year Annuity buyers…

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    Equitable Life compensation payments

    Equitable Life compensation payments

      Damning report highlights failings in Equitable Life compensation system Treasury accused of dragging its heels and administrative failings and imposing arbitrary deadlines But at least the Government deserves some credit for actually paying money out – after so many years of delays The Public Administration Committee has published its report highlighting major failings in the scheme set up to pay compensation to Equitable Life victims.  This scandal has been dragging on for so many years that many of the…

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    Pensions are not the best way to save for care

    Pensions are not the best way to save for care

      Pensions are not the best way to save for care –  we all hope to need a pension but only one in four will need care Most wont reach the cap and will pay for all their care – that may be socially necessary but we need to prepare for it Cap won’t cover all the costs and deferred payment plans should be provided for home care too, to avoid expensive equity release As the Government unveils its consultation…

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