Tez Art

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Many people who have retired know that it can be a financially worrying time, and being careful with money is primary. Research shows that 57% of retired people in the UK say that they are “very” worried about their income once they have finished working. Up until a while ago it was compulsory to buy an annuity in the UK, which can go some way towards reassuring people that they can receive a fixed, regular payment when retired.  People tend to shop around for the best annuity rates so that they have the best deal that they can get. After all, this is a very important decision as it determines your income for the rest of your life. Mrs. Payton, a recently retired nurse in Manchester, said “I used an annuity calculator to work out the best annuity quotes and options, and have now settled on what I consider to be a very good deal. It is now about keeping track of my m... (more)