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.

Pension schemes ploughing more money into bonds than shares

Pension schemes are investing more money in bonds and shares for the first time in decades, according to an annual survey by the Pensions Regulator and the Pension Protection Fund (PPF).

The research on final-salary schemes in the private sector revealed that these schemes now have 38.5% of their money in shares, but 43.2% in government and company bonds. This is the reverse of the situation a year ago, when 41.1% of funds were in shares and 40.1% in bonds.

The preference for investing in bonds over the past decade has been attributed to the fact that schemes are looking for less volatile investments.

The report also revealed that the proportion of final-salary pension schemes in the private sector closed to current members, as well as new ones, has increased in the last twelve months from 26% to 28%.

Mark Duke, of actuaries Towers Watson, said: “With funding levels badly under water, more employers may now decide that the first step towards solving the problem is to turn off the tap and stop adding to their liabilities.

“The pace of closure may have been relatively slow in the year to March but the trend is only in one direction.”

PPF research also revealed that the size of 6,316 so-called defined benefit (DB) schemes has more than doubled in the past year to reach £231 billion, up from £78.3 billion in March 2011.

Detailing some of the challenges faced by DB schemes, The Pensions Regulator's chief executive, Bill Galvin, said:

"We appreciate that the current economic situation presents a continuing challenge to trustees - low interest rates and low gilt yields have contributed to increased liabilities and deficits for many DB schemes."

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