Following on from the increase in the GAD rate to 120%, investors in Income Drawdown Plans – the main alternative to annuity purchase –  got a further boost today, thanks to improving gilt yields.  

 Richard Collinson – RetireEasy     Baroness Wheatcroft of Blackheath, in her introduction to a recent report by The Smith Institute, said: “Hope I die before I get old,” yelled The Who in 1965. For many of those who grew up in the Sixties, the sentiment now is as likely to be “Hope I die before I […]

RetireEasy has been reviewing some research into Care finance undertaken by one of the UK’s newest annuity providers, Partnership Assurance.

One of the consequences of the FSA’s Retail Distribution Review appears to be pushing up the cost of accessing independent financial advice. 

I hope that if you are reading this blog you have already decided to sign up to use RetireEasy. Or perhaps you are one of many people who trust their financial planning to Microsoft Excel.  If you are, can you be sure that all the calculations in your spreadsheet are correct? 

Another year, another budget, but how does the 2013 Budget impact retirees?

Ahead of next week’s budget, George Osborne on Andrew Marr’s show yesterday confirmed that the Long Term Care Cap would be reduced from £75,000 to £72,000 and will be brought forward a year to April 2016. 

The Government has finally announced its reform of long term care following the Dilnot report but the proposed cap is, disappointingly, more than double Andrew Dilnot’s recommendation.

The gilt yield used to calculate drawdown income limits rose to 25% for reviews in February 2013. 

RetireEasy is pleased to report that draft legislation has today been published to increase maximum drawdown income from 100% of GAD to 120% GAD.