Re: Big news in budget. No need for annuities !!
I heard that Brian but I think with interest rates so low we're better off with the annuity we've got. I suppose it depends how long ago you took your annuity and also if you could do with the cash to pay bills.Re: Big news in budget. No need for annuities !!
Re: Big news in budget. No need for annuities !!
You could always cash in your annuity think the first 25% was tax free(could be wrong on that)Re: Big news in budget. No need for annuities !!
I believe that final salary schemes are not affected by any of these changes.Re: Big news in budget. No need for annuities !!
You need to consider you have to have a pension pot of around £50,000 to get an annuity of £3000 pa.Re: Big news in budget. No need for annuities !!
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