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

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

However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...

Retirement planning is essential for a financially secure future, and one feature that frequently arises in discussions is the Guaranteed Income Benefit. This option guarantees a consistent income ...

We also looked at some flexible withdrawal strategies that can lead to higher spending ... of allocating a portion of the portfolio to guaranteed income is generally lower median ending balances.

A joint-life annuity ensures that after one annuitant dies, payments continue for the life of the surviving spouse. If the ...

The payouts could be higher, but so is the risk – if the ... Athene Agility annuities are guaranteed not to lose money and provide a guaranteed income stream with a death benefit rider at ...

Study participants in their 20s spent slightly less time at work, but a majority of the reduced work time was offset by more time spent on education. No impact on employment was detected for study ...

Make sure your investment returns are higher than inflation rates to maintain financial stability. Annuities provide guaranteed income but often lack flexibility, while starting a business could ...

Annuities are a large and long-term purchase and you can't change your mind afterwards, so they are not something to buy on ...