(n.) A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
Example Sentences:
(1) The ABI figures revealed that the best annuity for someone who is a heavy smoker and has severely impaired health was at Prudential, which paid out 46% more than the worst, from Friends Life.
(2) Annuities have suffered their worst year on record, with payouts to newly retiring pensioners falling by 15% so far during 2016, according to data provider Moneyfacts.
(3) Only last month the Financial Conduct Authority issued a report in which it said millions of older people were getting a poor deal from Britain's multibillion-pound annuity market, with the biggest losers those with the least money put aside for their retirement.
(4) However, to buy an annual pension income of £1,300 via a traditional annuity that also provided an income for your spouse after you die, you would need a pension pot of roughly £25,000.
(5) Annuity rates so low that a pension pot running into the seven figures is required to deliver any kind of decent pension.
(6) People who prefer to buy an annuity could opt for a "value protected annuity": in return for an extra cost, typically 5% of the income, the policyholder can arrange for any residual money left over when they die to be paid to their beneficiaries.
(7) He adds: "The problem with the chancellor's decision is very simple: all the evidence indicates very few people will opt to buy an annuity under the new rules – and the assumption of 30% taking this route deployed by the Treasury in its costings appears highly optimistic.
(8) The insurers pay an annuity (a guaranteed annual income in retirement) of £839 a year on a savings pot of £18,000, compared to £1,099 at the best payer, Reliance Mutual.
(9) On average, women take out annuities at the age of 59, marginally earlier than men at 62, but both do so significantly sooner than they have to by law.
(10) If the recession results in interest rates remaining low for years, as many in the City are now predicting, then annuity rates will also remain at paltry levels.
(11) Figures from pensions provider Hargreaves Lansdown show annuity rates have plummeted since July 2008.
(12) Table Photograph: asdf In recent years annuity providers have begun offering better payouts to those people they think will die relatively early.
(13) The group sold its US life and annuity business last year for £1.7bn , as well as many other smaller overseas operations, to strengthen its balance sheet.
(14) The Association of British Insurers is believed to be on the verge of approving a new mandatory code of conduct for pension companies that sell pension income – also known as annuities – ensuring people will get the highest possible income in return for their pension pot.
(15) "Annuities may well be broken, but the answer is not to end responsible collective risk-sharing.
(16) By forcing long-term interest rates down and inflation up, QE1 has already increased pension fund liabilities by an estimated £74bn , while driving annuity costs to record levels.
(17) The chancellor said: “For many an annuity is the right product, but for some it makes sense to access their annuity now.
(18) Do not simply accept the annuity offered by your pension provider – shop around for the highest rate possible.
(19) The thinktank also suggests removing the option of taking out 25% of your pension fund as a tax free lump; instead investors would get a 5% top up to their pension pot just before they use the money to buy an annuity.
(20) It will also end the rules requiring compulsory annuitisation (having to buy an annuity with your pension) at 75.
Rente
Definition:
(n.) In France, interest payable by government on indebtedness; the bonds, shares, stocks, etc., which represent government indebtedness.
Example Sentences:
(1) Smith manages to get a suspended possession order, postponing eviction, provided Evans (who has a new job) pays her rent on time and pays back her arrears at a rate of £5 a week.
(2) In Colchester, David Sherwood of Fenn Wright reported: "High tenant demand but increasingly tenants in rent arrears as the recession bites."
(3) Andrew and his wife Amy belong to Generation Rent, an army of millions, all locked out of home ownership in Britain.
(4) Education is becoming unaffordable because of tuition fees and rent.
(5) Others seek shelter wherever they can – on rented farmland, and in empty houses and disused garages.
(6) Lucy Morton, a senior partner at WA Ellis in Knightsbridge, says most foreign students want one-bed flats at up to £1,000 a week and they often pay the whole year's rent up front.
(7) Saving for a deposit is near impossible while paying extortionate rents for barely habitable flatshares.
(8) The councillors, including Philip Glanville, Hackney’s cabinet member for housing, said they had previously urged Benyon and Westbrook not to increase rents on the estate to market values, which in some cases would lead to a rise from about £600 a month to nearer £2,400, calling such a move unacceptable.
(9) A separate DWP-commissioned report, by the Institute of Fiscal Studies , on the impact of housing benefit caps for private sector tenants was welcomed by ministers as a sign that fears that the reform would lead to mass migration out of high-rent areas like London were unfounded.
(10) Karzai had come under criticism in the past from Afghans for renting the property to international officials.
(11) We’ve identified private accommodation that can be used to house refugees; we’ve set aside rented accommodation, university flats and unoccupied housing association homes for use by refugees.
(12) It said a government investment of £12bn could build 600,000 shared ownership homes, enough to give almost half of England's private renting families the opportunity to buy.
(13) In Palo Alto, there are the people who do really well here, and everyone else is struggling to make ends meet,” said Vatche Bezdikian, an anesthesiologist on his way to lunch on University Avenue, the main street, where Facebook first rented office space.
(14) To some extent, housing associations have taken their place, but affordable, social rented homes have been sold off more quickly than they have been replaced.
(15) Some social landlords are refusing to rent properties to tenants who would be faced with the bedroom tax if they were to take up a larger home, even when tenants provide assurances they can afford the shortfall.
(16) Their task was to reduce the size of the properties and change the tenure mix from private rented to shared ownership or open market housing.
(17) Vulnerability: For an average social landlord with general needs housing about 40% of the rent roll is tenant payment (the remainder being paid direct by housing benefit).
(18) The average rents in social housing meanwhile increased by 6.1% from £88.90 to £94.30 a week.
(19) The scheme, which will be completed in 2016-17, comprises 491 homes for social rent and 300 for private sale.
(20) She warned that housing benefit caps would make moving to the private rented sector increasingly difficult for those on low incomes, and complained that homes were now allowed to stand empty in London and elsewhere because they had been sold abroad as financial assets.