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

Annuities can be a useful, albeit expensive financial tool to manage retirement income if one cannot or is reluctant to ...

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

Annuities have a bad reputation due to their ... key findings from the annual study on using different sources of guaranteed income in retirement. Source: Morningstar. Data as of Sept.

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

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

Research shows retirees hesitate to spend savings but readily use lifetime income. Here's what this means for you. In this ...

As part of any retirement planning scenario, you will look at all the options available. Whether this is maintaining a ...

By openly addressing both the pros and cons, advisors can build trust and empower clients to make decisions that genuinely ...

A pension annuity is a financial product that turns your pension savings into a guaranteed income for life. It's similar to ...

Insurers sold £7bn in annuities in 2024, with more people look to secure their money in uncertain economic conditions ...

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 ...