A cash refund annuity ensures that any remaining sum paid in premiums is returned to a beneficiary if the annuitant dies before breaking even.

Annuity purchases are on the rise as retirees shelter themselves from rising bills and inheritance tax changes ...

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Many baby boomers are reaching the age when it’s time to retire, if they haven’t retired already. This means that they’ll need a plan for where their retirement income will come from.  There are many ...

FIDx CEO Rich Romano says operational friction, compliance complexity and fragmented workflows, not lack of demand, are holding advisors back from delivering guaranteed income solutions at scale.

Over the past several decades, society has undergone a notable cultural shift — one marked by the transition from full-service gas stations to self-service pumps. This evolution reflects a broader ...

Advisers tell The i Paper annuities are making a comeback after a decade of decline following the 2015 pension freedoms ...

Retirement changes the way money works in your life. For years, income has come every month. After retirement, that regular ...

Retirement under the National Pension System (NPS) involves more than just amassing a corpus. The challenge lies in the exit strategy: Balancing withdrawals, mandatory annuitisation, and tax ...

APW above Rs 8 lakh and up to Rs 12 lakh: Up to Rs 6 lakh can be taken as lump sum, and the remaining amount must be used for annuity or withdrawn in a phased manner through systematic unit redemption ...