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Annuity Quotes Can Be Very Easily Found From Comparison Websites

Although some people have the benefit of final salary pension schemes guaranteed by their employer, most people who wish to ensure they have more retirement income than the state pension provides, save using either a private pension plan (PPP), or an occupational defined contribution pension scheme. The funds put into the scheme are invested by the pension fund manager. For younger people there can a major proportion of the fund invested in equities, as these provide the best opportunities for long term growth, but as the person approaches retirement age the fund manager will change the balance of the fund to emphasize cash and government bonds, protecting the growth that has already been achieved. On retirement, part of the pension fund may be taken a lump sum, and the remainder is either used as an unsecured pension (USP), or an annuity may be purchased to provide a guaranteed life-time income. Annuity quotes may be very easily found online, as there are now several comparison websites in operation.

When a person is approaching retirement age they must make some choices about what to do with the contents of their pension fund. According to current regulations the pension fund cannot be touched until age 55, and if the fund owner survives to age 75, purchase of an annuity becomes compulsory.

A lump sum can be taken from the fund after age 55. This can be up to 25 per cent of the fund’s value, and no tax is charged on this sum. In the case of small pension funds the government allows 100% to be withdrawn, under the so-called triviality rule.

The remainder of the fund can either be used to purchase an annuity, or it can be left in the fund where it can provide an unsecured pension (USP). Note that USPs are sometimes called income drawdown.

Income drawdown, or unsecured pension, is not suitable for all retirees. One benefit of this option is that the fund will remain invested, and it may continue to grow in value. Additionally if the retiree dies the fund will form part of the estate, and can be inherited by the beneficiaries of the will.

The danger with income drawdown is that if the retiree has a long life after retirement, then the fund will become exhausted. Actuaries can calculate the point in a person’s life at which income drawdown becomes a worse option than annuity purchase, and it is always recommended that those using drawdown employ an independent financial advisor to conduct regular reviews.

Annuities are an insurance instrument, purchased from a life assurance company. The life company takes the pension savings, and guarantees the retiree a life-time income. The life company is, in effect, assuming the risk that the person may live for a long time, in which case the company would lose money on that particular annuity sale. This is however simply the trading of individual risk for collective risk, which is inherent in all insurance business.

Annuities can be bought from any life assurance company, there is never any obligation to buy from the pension fund manager, although they will normally make an annuity offer. Annuity quotes from many companies can be very easily found, as there are now several comparison websites in operation.

Annuity Rates can find you the best annuity quotes from the entire annuity market. We can also find you the best over 50 life insurance.

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Top 20 Famous Quotes From Kofi Anna

Kofi Anna is known for not only his role as secretary-general of the United Nations but also his opposition to the 2003 invasion of Iraq and to Iran’s nuclear program. Here are top 20 famous quotes from the Ghanaian diplomat that you may be interested in.

“To live is to choose. But to choose well, you must know who you are and what you stand for, where you want to go and why you want to get there.”

“Ignorance and prejudice are the handmaidens of propaganda. Our mission, therefore, is to confront ignorance with knowledge, bigotry with tolerance, and isolation with the outstretched hand of generosity. Racism can, will, and must be defeated.”

“Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family.”

“We need to think of the future and the planet we are going to leave to our children and their children.”

“Education is a human right with immense power to transform. On its foundation rest the cornerstones of freedom, democracy and sustainable human development.”

“No one is born a good citizen; no nation is born a democracy. Rather, both are processes that continue to evolve over a lifetime. Young people must be included from birth. A society that cuts off from its youth severs its lifeline.”

“Both rebels and government must understand that, if these incidents continue, it will impede humanitarian assistance and delivery.”

“Open markets offer the only realistic hope of pulling billions of people in developing countries out of abject poverty, while sustaining prosperity in the industrialized world.”

“We can wait until everything is perfect but how much time will that take? One year, two years, three years? Will the population accept this even though they haven’t had a chance to vote for 40 years?”

“We cannot wait for governments to do it all. Globalization operates on Internet time. Governments tend to be slow moving by nature, because they have to build political support for every step.”

“Today, no walls can separate humanitarian or human rights crises in one part of the world from national security crises in another. What begins with the failure to uphold the dignity of one life all too often ends with a calamity for entire nations.”

“In the rush for justice it is important not to lose sight of principles the country holds dear.”

“We need to think of the future and the planet we are going to leave to our children and their children.”

“I think we should see a clear message in the overwhelming success of women in presidential elections over the past year: the world is ready for a woman as secretary general of the United Nations.”

“There is no development strategy more beneficial to society as a whole – women and men alike – than the one which involves women as central players.”

“Whether our challenge is peacemaking, nation-building, democratization or responding to natural or man-made disaster, we have seen that even the strongest amongst us cannot succeed alone.”

“The United Nations, whose membership comprises almost all the states in the world, is founded on the principle of the equal worth of every human being.”

“We need to keep hope alive and strive to do better.”

“Globalization is a fact of life. But I believe we have underestimated its fragility.”

“We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the world’s people share the benefits of globalization.”

Related articles:

Top 15 Quotes From Tony Blair

Top 20 Famous Quotes From David Cameron

Top 15 Famous Quotes From George Washington

I graduated from Birmingham University. Currently, I am living with my family in the West Midlands of England and working for a media company. My hobby is writing about current affairs, celebrities and fashion.

Online Marketing Company, fishbat, Releases Statement in Response to Mark Cuban Moving his Mavericks and 70 More Companies Away from Facebook

Bohemia, NY (PRWEB) November 30, 2012

On November 30, 2012, the online marketing company, fishbat, responds to the news that Mark Cuban was moving his Mavericks and 70 more companies away from Facebook. fishbat emphasizes the importance of creating a strategic online marketing plan utilizing a multitude of social media platforms to maximize effect and reach fans.

According to Dan Lyons, Editor-in-Chief of ReadWrite, “Cuban and other corporate Facebook members are howling because new rules on the social network make it harder for brands to reach people without spending big money on sponsored posts.” The article reports that this and Cuban’s belief that “it’s a reflection of [Facebook’s] overall design and strategy weakness,” has Cuban focusing the Mavericks and his other companies on other social media outlets, like Twitter, Tumblr, and the new MySpace.

Lyon also reports that “Facebook insists it isn’t choking off reach as a way to push brands to spend more on sponsored posts.” According to Facebook, they constantly work to improve its algorithm, called EdgeRank, to make it more effective and the most recent update’s “goal was simply to cut down on spam in people’s news feed.”

Nick Renna, fishbat’s Social Media Strategy Manager, weighs in by saying “The number of social media platforms are increasing and the value a brand gets from one outlet will be different from the value garnered from another. It is important to be strategic. Incorporate a mix of social media campaigns in your online marketing plan to achieve the desired effect of reaching your fans and maximize your online marketing success.”

“Brands need to be strategic,” Renna continues. “Abandoning social media is not the answer. It is essential to develop an online marketing strategy that reaches your fans through a mix of social media. Strategically creating unique and valuable content will also help you to maximize your brand’s success online. A good post that provides value to your fans will not go unnoticed.”

fishbat, Inc. is a full service social media agency. Through social media management, search engine optimization (SEO), web design, and public relations, fishbat strives as a marketing firm to raise awareness about your brand and build up your corporate image.







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