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

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

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

Immediate annuities also mitigate sequence-of-returns risk, reducing the chance of depleting a portfolio because of market ...

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 ...

Study participants in their 20s spent slightly less time at work, but a majority of the reduced work time was offset by more ...

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 ...

The gap between the best and worst-paying annuities has “spiked” in recent weeks, reflecting the rise in bond yields, analysis by Just Group has revealed ...

In 1922, there were just 150 centenarians in the UK ...

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.

Not having to worry about money can ease stress and help you focus on what matters most: spending your retirement years in a ...