All annuities articles – Page 12
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News
Royal Mail annuity broking gets almost total member take-up
Members of the Royal Mail Defined Contribution Plan have welcomed the scheme’s decision to default at retirement into an annuity broking service to maximise their retirement income.
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Opinion
The key steps to the best annuity for your members
With annuity rates at such lows and living costs rising, individuals need to think carefully about retirement and what they will need in terms of both income and financial protection for their loved ones.
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Features
Case study: M&S’s approach to DC retirement
Engagement with members over their retirement date should start when they join the scheme, Marks & Spencer’s (M&S) technical manager has argued.
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Features
Inflexible DC defaults fail members, study finds
Owen Walker looks at the latest economic research into creating defined contribution (DC) default funds to help members maximise their retirement income.
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Features
How to encourage greater uptake of the OMO
Schemes have been urged to provide more detailed information on annuity options to ensure retiring members get the most from their defined contribution (DC) savings.
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Features
Admin warning on DB-DC transfers
Defined benefit (DB) schemes considering offering member transfers to defined contribution (DC) arrangements have been warned of administrative costs and falling foul of the regulator.