Guaranteed annuity is the better option for most retirees, says Actuarial Society
Pensioners are sacrificing the certainty of a lifetime guaranteed income in the hope that some capital will remain for a loved one when they die.
Pensioners are sacrificing the certainty of a lifetime guaranteed income in the hope that some capital will remain for a loved one when they die.
One of the unforeseen consequences could be the premature acquisition of rights.
High Court weighs witnesses’ testimony to decide whether a husband did, in fact, predecease his wife and beneficiary.
The Pension Funds Adjudicator recently ruled that a death benefit was distributed fairly although one of the beneficiaries was not financially dependent on the deceased. “The entitlement stems from the fact that the […]