Annuity purchases are on the rise as retirees shelter themselves from rising bills and inheritance tax changes ...
Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.
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Why annuities are back in fashion for retirees
The appeal of annuities has been boosted by higher interest rates. So should you buy an annuity with part of your pension ...
Declare health conditions People in poor health, who smoke or are overweight, may be eligible for an enhanced annuity. This pays a higher income (between 6% and 15% more, based on recent quotes) ...
What now for annuities? The new pension freedoms mean the days of automatic annuity purchase for defined contribution plans are over. People can take their 25 per cent tax-free cash and leave the ...
Larger pension pots helped push total premiums paid into individual annuities up 4% to £7.4 billion in 2025, marking the highest annual level since ...
Rachel Reeves’s inheritance tax changes encourage more people to invest in previously unloved product The government’s “inheritance tax raid” on pensions has helped drive sales of retirement annuities ...
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What is a care fees annuity and how much does it cost?
How we will be cared for in our later years – and how much we are willing to pay for it – are conversations best had as early as possible. One option to cover the cost is a care fees annuity. We look ...
Milliman's latest Pension Buyout Index results analyze the estimated cost to transfer retiree pension risk to an insurer.
Read on to find out how you can get the best rate BRITS are flocking back to annuities – pension products that swap a lump sum for a guaranteed income for life – as rates stay attractive. New figures ...
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