Retirement income: Is the annuity making a comeback?

Laith Khalaf says the golden age of the annuity is in the rearview mirror

clock • 4 min read
Laith Khalaf: "If annuities didn't exist, we would certainly have to invent them, but that still doesn't mean people want to buy them."
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Laith Khalaf: "If annuities didn't exist, we would certainly have to invent them, but that still doesn't mean people want to buy them."

Rising bond yields have pushed annuity rates up 20% this year meaning 'income for life' is no longer completely out of favour, but as Laith Khalaf writes, the market is unlikely to regain its former dominance

There was a time when 90% of retiring investors bought an annuity with their pension pot, before the pension freedoms ushered in a new era of individual retirement responsibility in 2015. The re...

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