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

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

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

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 ...

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

Regular interest payments from gilts, known as coupons, are taxed as income unless held in a tax-free wrapper. However, gilts ...

Protecting your money is as important as growing it. That doesn't sound particularly exciting, but for investors approaching retirement, capital preservation becomes increasingly important.

In 2025, the Social Security Administration is rolling out changes to help beneficiaries keep up with inflation. These ...

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

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Over the last few years, more and more pensioners have been pushed into poverty, with many of them just about living on the ...

SPRINGFIELD, Ill (WICS) — One Illinois fund is helping families in central Illinois and beyond make ends meet. The UpTogether ...