An annuity provides one of the most secure forms of income in retirement. Unlike a portfolio of investments, this insurance ...
People approaching or in retirement are being urged to think carefully about their pension income options, in light of ...
Total sales were worth £7billion last year, a 34 per cent increase on 2023, according to the latest data from the Association ...
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 ...
Annuities provide a guaranteed income until you die, and recent moves in bond markets mean providers are still offering attractive deals on these products. For £100,000 a healthy 65-year-old can ...
There are a dizzying array of investment options to choose from when you're planning for your retirement. For investors that ...
By openly addressing both the pros and cons, advisors can build trust and empower clients to make decisions that genuinely ...
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.
Total annuity sales reached £7bn last year, a 34 per cent increase compared to 2023, and more people turned to advice before ...