Sentence examples for annuities from inspiring English sources

The flexibility in annuities is a welcome step, as is the Isa limit increase, but it remains the case that people are simply not saving enough from a young enough age.

No wonder the budget was replete with diversionary announcements – the principal one, of course, being the decision to free new pensioners from the constraints of low yields on annuities.

Letting the 5 million people with existing annuities also cash out could turn that boom into a frenzy.

But even if a market in annuities can be created, why should it be permitted?

The majority of existing annuities were sold on a "single-life" basis, leaving many widows or widowers without provision.

Standard annuities offer a particular type of insurance for retirement – insurance against the individual purchaser living a very long time and against future interest rate falls.

Allowing people to sell their unwanted annuities at last offers a chance to remedy some of the past mis-selling or mis-buying.

On balance, I believe it is right to give purchasers who were forced into annuities the chance to change them.

Independent pensions expert and the government's older workers champion I believe it is right to give purchasers who were forced into annuities the chance to change them Until now, most people were forced to lock their pension fund into an annuity, with no chance to change it.

Of course there are risks that selling annuities could compound the damage to people's pension prospects from the original annuity purchase.

It wrote no new bulk annuities in the quarter but has since written one bulk scheme.