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
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Recent Comments

  • Anthony Harris
    Sadly, the same comments were made when motorised cabs appeared on the streets. Initially people refused to use them but the unstoppable tide of progress eventu...
  • Michael Bukola
    While a free-market economy still exists in the Country, modernity and tradition can still co-exist all in the name of choice, competition and free enterprise. ...
  • Mick Taylor
    Paying for Social Care on the backs of the poorest pensioners is just not on. Billionaire press owners have pushed the (incorrect) idea that pensioners are bein...
  • Nigel Jones
    @Vince, your nuanced approach makes some sense and as you say it is a complicated situation. If we get gas from the Jackdaw field and not importing it, does tha...
  • Nigel Jones
    I agee with your main argument. We do not need to support many pensioners with the triple lock and those who are poor should be provided for in another way. I ...