annuities

UK's Osborne to allow pensioners to cash in annuities: newspapers

British finance minister George Osborne will allow pensioners to cash in annuities in exchange for lump sums in his annual budget next week, British newspapers reported, in a move designed to woo voters before a May national election.

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Annuities are best retirement investment if government regulates them - report

In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?

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