'Our pension pays just £4.61 a month': Why insurance giants MUST release pensioners from annuity austerity by paying out lump sums - Ros Altmann
Ros Altmann

  • ROS ALTMANN

    Ros is a leading authority on later life issues, including pensions,
    social care and retirement policy. Numerous major awards have recognised
    her work to demystify finance and make pensions work better for people.
    She was the UK Pensions Minister from 2015 – 16 and is a member
    of the House of Lords where she sits as Baroness Altmann of Tottenham.

    • Ros Altmann

    Ros Altmann

    Ros Altmann

    ‘Our pension pays just £4.61 a month’: Why insurance giants MUST release pensioners from annuity austerity by paying out lump sums

    ‘Our pension pays just £4.61 a month’: Why insurance giants MUST release pensioners from annuity austerity by paying out lump sums

    Comments 0 Comment

    MailonLine highlights the many people who would desperately love to cash in their small annuities, instead of receiving a small sum each month for life. Ros calls for insurers to allow this but also warns that individuals need to know the risks, such as tax to pay first. (link to pdf)

    Open External article Read More

    Leave a Reply