Buy annuity - Pension savings could be hit by new stealth tax

Buy annuity - Pension savings could be hit by new stealth tax

Pension savings could be hit by new stealth tax
Telegraph.co.uk, United Kingdom - Mar 17, 2006... Current restrictions that force people to buy an annuity, or guaranteed income for life, by the age of 75 will be scrapped on April 6 - also known as A-Day. ...
Source: www.telegraph.co.uk

Allstate sheds annuity business
Chicago Sun-Times, United States - Mar 9, 2006BY DANA CIMILLUCA. Prudential Financial Inc., the second-largest US life insurer, agreed to buy Allstate Corp.'s variable annuities unit for about $560 million. ...
Source: www.suntimes.com

Prudential to buy Allstate's variable annuity unit
Reuters - Mar 8, 2006... and financial services company, on Wednesday said it had agreed to acquire Allstate Corp's (ALL.N: Quote, Profile, Research) variable annuity business through ...
Source: today.reuters.com

�Plan For The Years Ahead: Immediate Annuities Could Last You A ...
Hamptons Independents, NY - Mar 29, 2006... An annuity is a contract between you and an insurance company that you generally buy with a lump sum and from which you begin receiving income within a short ...
Source: www.indyeastend.com

Necessity is the mother of sound financial planning
Scotland on Sunday, UK - Mar 25, 2006... will remain with you for the rest of your life. Should you take a tax-free lump sum or use all the pension fund to buy an annuity? ...
Source: scotlandonsunday.scotsman.com

When should you accept a buyout?
MSN Money - Mar 23, 2006... Or you could wait a few years to buy an annuity because interest rates might be higher and you would be older -- both factors that lead to higher annuity ...
Source: moneycentral.msn.com