The advent of Pension Freedoms, announced in the 2014 Budget, led to a predictable slump in annuity sales. In the year of the announcement, retirees bought 189,000 annuities from member companies of ...

The finance ministry has announced that tax benefits available under the National Pension System (NPS) will also be ...

Decades later, he is now 73, and has made the decision to stay put and retire in Vancouver. For Clark-Wilson, the appeal of ...

Thinking about buying an annuity for retirement? Learn how with this complete guide covering types, benefits, risks, and smart buying steps.

Is an Annuity Right for You? To understand whether these complicated products might suit you, start with the goals you have for your money.

For financial advisers, annuities can play a critical role in providing clients with dependable retirement income and ...

Favorable tax treatment is one of the main reasons for buying an annuity. But what exactly are the tax benefits? And are there any drawbacks? It's important to know the answers to these questions ...

Do you want to make sure that your financial future is secure? If you’re looking for a solution, annuities may be the answer. Often misunderstood, annuities can be helpful for various financial ...

How are annuities given favorable tax treatment? Most annuities defer taxes until retirement, allowing your annuity to grow in value without paying annual taxes on any interest or dividends earned ...

In conclusion, annuities can play an important role in retirement planning, offering guaranteed lifetime income, protection from market volatility, and tax-deferred growth.