The higher value of premiums has gone alongside a rise in over-70s buying a regular income with annuities, the Association of British Insurers said. People are putting bigger amounts of cash into retirement annuities – with the average annuity passing £80,000 for the first time and sales of annuities for over £250,000 and £500,000 having… More
Money app Plum said that first-time buyers face particular difficulties, given the financial challenges they already have in raising a deposit. The thousands of pounds paid out in stamp duty by some first-time buyers, despite being able to claim discounts, have been outlined by HM Revenue and Customs (HMRC). The details were disclosed following a… More
The higher value of premiums has gone alongside a rise in over-70s buying a regular income with annuities, the Association of British Insurers said. People are putting bigger amounts of cash into retirement annuities – with the average annuity passing £80,000 for the first time and sales of annuities for over £250,000 and £500,000 having… More
