Skip to the content

William Burrows in the media

I write extensively about retirement income matters and am often quoted in the national press and sometimes appear on the radio or TV.

Money Marketing:
See my contributions and quotes in the national press and BBC

Blow for pensioners as bond market rally hits annuities

Since the beginning of the year, annuity rates — what is offered by insurers to turn a pot of pension cash into a secure retirement income — have fallen by 15 per cent. This means pensioners are getting a lot less from their savings.In practical terms, a £100,000 pension pot now buys a 65-year-old a yearly income of £4,654 or £759 less than at the start of the year

External web link - https://www.ft.com/content/0fa9a550-cf05-11e9-99a4-b5ded7a7fe3f

Annuity commission; The silent killer

Sam Brodbeck personal finance editor Telegraph- 21 Aug 2019

The silent killer taking £2,713 from your £100k pension

Annuity rates have been lousy for years. The pitiful income they pay are one of the reasons the Coalition government scrapped the effective compulsion to buy them, back in 2015, with the launch of "pension freedoms". Boris Johnson’s pledge to leave the European Union on 31 October “do or die” pushed the yield on government bonds – used to price annuities – to new lows. But sky-high commission more akin to the door-to-door salesmen of the Eighties are cutting pensioners’ take-home pay even further.

External web link - https://www.telegraph.co.uk/pensions-retirement/annuities/silent-killer-taking-2713-100k-pension/

Annuity rates 'could hit rock bottom' as gilt yields plunge

18 August 2019 by Adam Williams in the Telegraph

Pensioners who take out an annuity are earning thousands of pounds a year less than previous retirees following a dramatic shift in interest rates in recent weeks.

External web link - https://www.telegraph.co.uk/pensions-retirement/annuities/annuity-rates-could-hit-rock-bottom-gilt-yields-plunge/

It's not rock 'n' roll

By Lee Boyce for Thisismoney.co.uk - 6 June 2019

It's not rock 'n' roll, but you should engage with your pension pot, says LEE BOYCE - otherwise, you could face a far poorer retirement 

One expert, William Burrows, retirement director at Better Retirement, told FT Adviser that it's 'vitally important people take an interest where their pensions are invested…there is a lot at stake.'

External web link - https://www.thisismoney.co.uk/money/pensions/article-7104013/Why-pay-diversify-pension-pot-long-term.html

Read article

Sam Brodbeck writes in the Sunday Telegraph -29th October 2017

All things point to a rise in the Bank Rate – and savings and annuity rates are already creeping up in anticipation. Anyone who wants to buy an annuity, an insurance contract that pays an income for life, with their pension pot will be desperate to avoid “buyers’ remorse”: buying now and then regretting it if rates improve

External web link - http://www.telegraph.co.uk/pensions-retirement/news/pension-rising-rates-capture-highest-possible-income-life/

The Actuary 04 APRIL 2013 | BILLY BURROWS

Healthy choices

Billy Burrows offers an adviser’s perspective on the value of enhanced annuities for customers and examines what the future holds

External web link -

BBC Money Talk By Billy Burrows 9 February 2012- Better Retirement Group, annuity specialists

Savers left short-changed and bewildered by unfair annuities system".

External web link -

Get your free guide

Visit the online library to see all my guides

If you want to make the most of pension freedoms you should start planning ahead and make sure your financial affairs are in good shape in the years running up to retirement.

William Burrows

William Burrows

Offices in London and Northampton

Call: 07730 435 657

Better Retirement Group Ltd

400 Pavilion Drive
Northampton
NN4 7PA 
 68 Lombard St
London
EC3V 9LJ

If you need help or advice - Contact us

As one of the most respected specialist retirement advisers, William Burrows and Better Retirement will be pleased to help you make the right decisions at any stage of your retirement journey.

Call or email now for a free and without commitment chat.