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 ...
What is an annuity rate? Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension ...
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 ...