General Dynamics Corp., Reston, Va., purchased a group annuity contract to transfer $673 million in U.S. pension plan ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly payments. At some point, you’ll have to make a decision, and this ...

When it comes to retirement, it can be difficult to decide what to do with your hard-earned pension pot. Should you invest in an annuity and guarantee a regular income for the rest of your life?

When you opt for a monthly annuity in retirement ... If you have limited retirement savings outside of your pension, the joint-and-survivor benefit generally makes the most sense to protect ...

The advantage of income annuities is that they supplement your pension and social security by exchanging your lump sum account for the guarantee you of a stable lifetime income, no matter how many ...

The 30-plus signatories of the Sustainability Principles Charter for the Bulk Annuity Process have launched an industry-wide ...

Should you invest in an annuity and guarantee a regular income for the rest of your life? Or, should you commit to pension drawdown, where your capital still has the opportunity to grow and ...