Hargreaves Lansdown flags rising interest in annuities

While non-enhanced annuity rates are up by 14% since their post-Brexit lows, however, the firm said they remain 5% down on levels seen in January last year. "Annuities have taken a bit of a beating since George Osbourne announced pension freedom," said Hargreaves Lansdown senior pension analyst Nathan Long. "But, while they may have been down, they are by no means out." He continued: "Improved annuity rates are sparking renewed interest among retirees, many of whom crave income certainty - albeit not at any price. For most people, a secure form of income is a must to cover life's esse...