People approaching or in retirement are being urged to think carefully about their pension income options, in light of ...

An annuity provides one of the most secure forms of income in retirement. Unlike a portfolio of investments, this insurance ...

Its analysis shows that Legal and General is currently a market leader when it comes to annuity rates. A 65-year-old could turn a £100,000 pension pot into an annual income of £7,440 by ...

Total sales were worth £7billion last year, a 34 per cent increase on 2023, according to the latest data from the Association ...

Total annuity sales reached £7bn last year, a 34 per cent increase compared to 2023, and more people turned to advice before ...

Morrissey explained that annuities grew increasingly attractive for older pensioners. Someone who annuitised a £100,000 pension pot at the age of 65 would receive an annual income of £6,309 on a ...

What is an annuity rate? Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension ...

Pensioners who are considering withdrawing their pension fund should be looking at all their options when they decide where ...

One of the biggest mistakes people make when buying an annuity is overlooking the fees. Annuities are often loaded with ...

If interest rates stay high for long, that can add up to a lot of interest saved – but each extra payment reduces your ...