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Annuity rates plummet to lowest level since 2012

Standard annuity rates have fallen to their lowest levels since November 2012, with the pace of decline increasing since the turn of the year, according to data published by Moneyfacts. The rate payable for an average single-life standard annuity for a 65 year old with a £10,000 pot has fallen by 5.9 per cent in […]

Hugh Young

Hugh Young: Why Japan deserves another look

Spring is special in Japan. The blossom of cherry and plum trees invites viewings – or “hanami” – across the country. The tradition speaks to the country’s appreciation of nature and the passing of seasons. But as the Japanese economy picks up momentum, will this rebound prove as ephemeral as the spring cherry blossom? For […]

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Warning over boom in pension texts and cold calls

The Information Commissioner’s Office has raised concerns over the increase in the number of people receiving cold calls or texts about their pensions. It says it has received over 1,000 complaints since last Christmas. Of these, 434 complaints were about live calls, 445 were about automated calls and 67 on spam texts. In addition, Which? […]

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