As one approaches retirement, if you're lucky enough to be the beneficiary of a pension plan, there is often a big decision to make regarding choosing an annuity or taking a rollover of a lump sum ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

There are numerous ways to save for retirement. One option is a pension annuity, which provides guaranteed income throughout your retirement. But the phrase “pension annuity” can mean different things ...

Hearing that your piece of the pension pie is migrating to an insurance company may be unsettling. While change can be scary, this news doesn't need to frighten you. But it may present you with the ...

It's a common lament that old-fashioned defined-benefit pensions—the kind that pay a guaranteed monthly income for life—are rare nowadays. And for public-sector employees, they might become even more ...

(RTTNews) - Alcoa Corporation (AA) announced the purchase of group annuity contracts that will facilitate the transfer of approximately $1 billion of pension obligations and assets associated with ...

Is a lump sum offer from an employer a better choice than a pension annuity for life? The former provides an immediate up-front amount (say $300,000), but the pension annuity gives you a stream of ...

FAT jabs could leave you worse off in retirement, pension experts have warned. Millions are now using weight-loss injections ...

Here, an NPS subscriber can invest from 18 years of age till 75. However, at 60 years, they get the option to withdraw up to 60 per cent of their retirement corpus. From the rest of the 40 per cent ...