Sun Life Direct

Twenty-twelve babies will continue working until they are 77

Posted on Tuesday, May 15th, 2012 in News

According to a recent report, children born in 2012 will not be able to receive the state pension until they are 77 years old, and their children will need to continue working until their 80s. Currently men are eligible to draw the state pension on their 65th birthday, and women can start to receive theirs [...]

This is filed under: News
Added on May 15, 2012 by wendy | Comments 0

Bank of England holds off on another round of quantitative easing

Posted on Friday, May 11th, 2012 in Uncategorized

The Bank of England has decided to delay another round of quantitative easing (QE), despite high inflation and the country returning to recession. The first time the country has experienced a double dip recession since 1975. The Monetary Policy Committee (MPC), elected yesterday to keep the QE programme as it stands at £325 billion. The [...]

This is filed under: Uncategorized
Added on May 11, 2012 by wendy | Comments 0

Bank of England set to debate another round of QE

Posted on Tuesday, May 8th, 2012 in Ecomony, News

With the country slipping back into recession the Bank of England have to make a decision as to whether to start another round of quantitative easing. Financial experts cannot agree if the Monetary Policy Committee (MPC) will decide to go ahead and increase the quantitative easing past the £325 billion that has already been raised. [...]

This is filed under: Ecomony, News
Added on May 08, 2012 by wendy | Comments 0

Tactical saving and making more for retirement

Posted on Sunday, May 6th, 2012 in Savings

The Bank of England base rate has been sitting almost immovably at the historic low of just 0.50% for more than three years giving savers little or no choice about settling for low returns on their investments. Low interest rates, rampaging inflation coupled with a £275 billion program of quantitive easing have created a perfect [...]

This is filed under: Savings
Added on May 06, 2012 by admin | Comments 0

Final salary pensions expected to be at a record low by 2020

Posted on Thursday, May 3rd, 2012 in News

Pension experts have predicted that final-salary pension numbers will be at an all-time low by the year 2020. A report, published by the Pension Policy Institute, estimates that by 2020 the amount of gold-plated pension schemes still going will be less than a million, and employees will be forced to contribute to alternative, cheaper to [...]

This is filed under: News
Added on May 03, 2012 by wendy | Comments 0

Terra Firma buy Four Seasons care homes

Posted on Wednesday, May 2nd, 2012 in Long Term Care, News

Britain’s largest care home company, the Four Seasons, is being bought out by the private equity firm Terra Firma. The acquisition is being funded by a combination of equity and debt secured by Goldman Sachs and Barclays.   The founder and chairman of the company, Guy Hands released a statement earlier this week saying: “Our [...]

This is filed under: Long Term Care, News
Added on May 02, 2012 by wendy | Comments 0

Companies can retire workers at 65 if it’s in the public interest

Posted on Thursday, April 26th, 2012 in News, Retirement

Employees may be forced to retire once they reach 65 if their bosses can prove it is in the “public interest” the Supreme Court ruled yesterday.    Firms have been given the go-ahead to get rid of workers over a certain age if they conform to certain guidelines, despite the Government abolishing the default retirement [...]

This is filed under: News, Retirement
Added on Apr 26, 2012 by wendy | Comments 0

Companies with pension deficits to be given extra time to address the problem

Posted on Tuesday, April 24th, 2012 in News

350 UK firms are to be handed relief this week, as a lifeline is thrown to companies who are having difficulties maintaining expensive final-salary pension schemes in the current economic climate.    The Pensions Regulator has announced what it calls a ‘pragmatic’ move that will hopefully sure up the pensions for thousands of private sector [...]

This is filed under: News
Added on Apr 24, 2012 by wendy | Comments 0

Extending that tax-free ISA limit by £3,600 a year

Posted on Sunday, April 22nd, 2012 in Savings

Finding a home where cash can grow tax-free is not easy – but Chancellor George Osborne has left a door ajar for retirement savers who have swallowed their ISA limits. Years ago, qualifying insurance policies were popular investments offering life cover coupled with tax-free growth on savings. They dropped out of the headlines after the [...]

This is filed under: Savings
Added on Apr 22, 2012 by admin | Comments 0

Elderly care in crisis

Posted on Friday, April 20th, 2012 in Uncategorized

Thousands of vulnerable elderly and disabled people are bearing the brunt of severe cuts by local councils, as budgets for social care have been slashed to save £1 billion. Some local councils are cutting their spending by up to 10%, this has led to care homes closing, social workers laid off and general social care [...]

This is filed under: Uncategorized
Added on Apr 20, 2012 by wendy | Comments 0

AnnuitySupermarket.com is an independent marketing website owned by Annuity Supermarket Limited. Registered Office: 5 Jupiter House, Calleva Park, Aldermaston, Reading, Berkshire, RG7 8NN. Registered in England and Wales No: 06513009. Telephone: 0207 183 0360.

Annuity Supermarket Limited cannot and do not offer financial advice. All information you supply to this site will be passed to independent financial advisers who will contact you. Annuity Supermarket Limited is not responsible or liable for any financial service provided by, or obtained through a third party. Our service is free to you but to operate this service we may receive commissions from the independent financial adviser we refer you to. Terms