Annuity Base

Open Market Option Comparisons for Pension Income

Share |

The Difference Between The Best And Worst Pension Incomes Can Be Very Surprising

Aegon Annuities Aviva Annuities Axa Annuities Canada Life Annuities Friends Life Annuities Hodge Annuities Just Retirement Annuities Legal and General Annuities LV Annuities
MGM Annuities Novia Annuities Old Mutual Annuities Partnership Annuities Phoenix Annuities Pru Annuities Royal London Annuities Scottish Widows Annuities Zurich Annuities annuities

We value your privacy: The same as almost all sites, we use computer files called cookies that measure how many people use the site. They can't be used to identify you personally. If you continue without changing your settings, we'll assume that you are happy to receive cookies. We don't share your information with 3rd parties.

Looking for an alternative to an annuity? Visit Annuity Answers.

Archived Annuities News / Income Drawdown News

What's happening in the world of pensions

News and articles about annuities, pensions and income drawdown


By following any news links you will be leaving the Annuity Base site and we are not responsible for the accuracy of the information contained in any other site or the regulatory status of any other firm within the linked sites accessible from this site.

Please visit our main annuities news page for more news.

Almost half of business owners have failed to make any pension provision

Self-employed business owners are failing to adequately plan for their retirement, with almost half having no private pension provision in place.

The findings from new independent research by Prudential reveal that 46% of business owners have failed to build up a pension pot, while more than half prefer to rely on alternative sources to supplement their retirement income.

These include other savings and investments (48%), equity from properties and partners’ pensions (both at 25%) and the funds from the eventual sale of their business (19%).

Stan Russell, retirement expert at Prudential, argues that for many self-employed workers “investing in the business takes priority over saving for retirement.”

However, he goes on to say that if pension plans aren’t put in place, business owners face the real possibility of reduced living standards when they finally reach retirement.

Further figures from the research revealed that 29% of self-employed workers will solely be relying on the State Pension to see them through retirement.
This reflects the findings of a report by advice website, which revealed that State pensions are still a key source of retirement income.
Overall, 65% of UK consumers will be looking to state pensions to fund their retirement. This figure drops to 45% for the under-35s.

As with business owners, consumers in general are using a mixture of financial resources for their retirement pots. This includes private pensions (47%) and ISAs (25%).

Please visit our main annuities news page for more news.

Make Contact Now

Take action now and uncover the differences

Receive a FREE Pension Annuities Comparison Quote

Please complete the free no-obligation enquiry form and see the surprising differences between one annuity and another. Remember your enquiry is free.

There is no charge for us investigating your policy and you are under no obligation to follow any recommendations that are made.

Your annuity specialist is registered with the Financial Conduct Authority (FCA).

We will:
1. Search the whole of the market for you so you are more able to make a decision
2. Check if you are eligible for an enhanced annuity that could increase your income
3. Give you access to more flexible options including fixed term annuities and income drawdown, should you wish


Your Age (You must be aged 55 or over)
Do you already have an annuity? (If so, sorry, we cannot help. Annuities cannot be cashed in at this time.)
Preferred contact phone number
2nd number just in case (optional)
Email address (optional)
Annuities PRIVACY PROMISE: We will never share your data or spam you. Data Protection No. Z1760988