Annuity Base

Open Market Option Comparisons for Pension Income

annuities
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

PLEASE BOOKMARK NOW

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.

Pension reforms ‘unfair’ says British Medical Association

The British Medical Association (BMA) has called the government’s planned reform of public sector pension schemes “fundamentally unfair”, arguing that NHS staff will be hardest hit by the changes.

In an in-depth briefing on the impact of the government’s proposals, the BMA calls for an amendment to be made to the Public Service Pensions Bill so that NHS staff won’t be required to work beyond the age of 65 to receive a full pension.

The Bill, which is due to have its second reading on 22 October, would bring all public sector pension schemes under the same legislative framework.

It would also see an end to final salary pension schemes for the majority of public sector workers, while also linking the Normal Pension Age to the State Pension Age, which is set to rise to 68.

In June the BMA took industrial action in protest against the reforms, arguing that they would leave doctors paying out more for their pensions compared to other public sector workers on similar wages.

“The government is due to achieve a total of £430 billion of savings over the next 50 years, directly from the impact on public sector workers’ pensions. To a large degree public service employees are being penalised for an economic crisis not of their making,” said Mark Porter, chairman of the BMA Council.

“But beyond this fundamental unfairness, the changes will also embed unjustifiable discrepancies between and within different public sector schemes. How can it be right that someone working for the NHS pays twice as much for their pension as a civil servant on the same salary?”

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

FULLY CONFIDENTIAL ANNUITY COMPARISON QUOTES WITH NO OBLIGATION

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.)
Name
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
annuities