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Annuities

Average annuity rates continue to rise during third quarter

Pensions

Average annuity rates continue to rise during third quarter

Rates continue to remain ‘well above’ historic low levels

clock 21 November 2023 • 3 min read
Compensation falling for ill-advised DB transfers thanks to high gilt yields

Pensions

Compensation falling for ill-advised DB transfers thanks to high gilt yields

Redress has ranged between £100,000 and £150,000 since 2018

clock 24 October 2023 • 1 min read
Annuity usage back on the decline despite 2023 hot market

Pensions

Annuity usage back on the decline despite 2023 hot market

Retirees using annuities has dropped from 19% last year to 17% this year

clock 20 October 2023 • 1 min read
Standard Life launches new annuity to provide retirement security

Retirement income

Standard Life launches new annuity to provide retirement security

Made to meet the ‘increasing desire’ for guaranteed income in retirement

clock 04 September 2023 • 1 min read
Rising annuity rates result in DB transfer compensation cuts

Income

Rising annuity rates result in DB transfer compensation cuts

Rate rises mean people can secure a higher retirement income

clock 29 August 2023 • 1 min read
Annuities 'back in fashion' as Canada Life invests in technology

Your profession

Annuities 'back in fashion' as Canada Life invests in technology

The firm's half-year results found that sales of annuities surged by 100%

clock 25 August 2023 • 1 min read
Collective DC decumulation appeals to a third of future retirees

Income

Collective DC decumulation appeals to a third of future retirees

When compared to annuity and drawdown options

clock 14 August 2023 • 2 min read
Gap between best and worst  annuities on offer widening with age

Pensions

Gap between best and worst annuities on offer widening with age

The best-worst annuity gap is 16% at age 75, higher than other age groups

clock 07 August 2023 • 1 min read
Half of annuity buyers could be missing out on better deals

Pensions

Half of annuity buyers could be missing out on better deals

This highlights a ‘huge' problem likely to be costing retirees thousands

clock 31 July 2023 • 2 min read
Danger flagged in DB transfer market despite high satisfaction rate

Your profession

Danger flagged in DB transfer market despite high satisfaction rate

The FCA has tightened transfer rules significantly in recent years

clock 31 July 2023 • 1 min read
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