Tag Archives: penisons

Most of the benefits of an annuity at a fraction of the cost?

AnnuityAn annuity is a reasonable solution to an obvious problem. You don’t know how long you will live in retirement, but an annuity provider can estimate this, take a risk, and sell you an income that lasts the rest of your life. In practise this hasn’t represented good value for money, so I welcomed the budget announcement to give retirees more choice in investing or disposing of their own money. Yesterday Janice Turner argued for the Continue reading »

Posted in Op-eds | Also tagged | 30 Comments
Advert

Recent Comments

  • Roland
    @Peter & @Paul - Remember the IoM (and Jersey and Guernsey) is also a tax haven hence why it is a favoured "residence" of the wealthy, such as Baroness Mon...
  • Jana
    Personally, I think the Liberal Democrats have missed a great opportunity here. Imagine the boost to our support if we were to stand, unite the anti-Farage supp...
  • paul barker
    It looks like its going to be Reform Vs The Greens with the latter representing The "Establishment" Unless The Government take Ed's advice & stop it....
  • Peter Martin
    @ Paul, £3 million is of course better than nothing from a population of 84,500 This works out, according to my arithmetic, as 3/0.0845 as £35.5 millio...
  • Paul WalterPaul Walter
    Peter From the "Isle Of Man Today" 5/11/24: "The Isle of Man pays the UK more than £3m a year as a contribution towards services which include our defenc...