Sales of annuities have been booming in recent years. According to InsuranceNewsNet, "in the first nine months of 2024, total ...

Here are five questions to ask your advisor or insurance agent before signing an annuity contract. Your annuity may offer a ...

Would you rather have a set fixed income for life or one that starts lower but is protected from inflation? New research ...

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

Buying an annuity is a major financial decision. You’re often tying up your money for a long time and, since many people use these financial products to fund their retirement, you’ll be ...

For £100,000 a healthy 65-year-old can lock in income of nearly £7,500 a year, according to best buy data - see below. In the same scenario and for the same price, a single life annuity that ...

Insurance companies use actuarial tables to determine payouts, and life expectancy is their top consideration. If you’re ...

The pound fell to a fresh 14-month low on Monday, while UK government bonds, also known as gilts, continued to see 10-year ...

“It takes the guesswork out of budgeting and lets people focus on enjoying retirement.” You can use pension savings to buy an annuity once you are aged 55, so born in 1970 – rising to 57 from April ...

Here we explain the factors that influence annuity rates and how shopping around can leave you better off in retirement. Join Which? Money - and get a £10 Amazon.co.uk voucher Sort your finances in ...