Individual annuities saw 17% growth in 2025
Under pressure to file necessary paperwork with tight deadlines
Research proposes simpler alternatives
A ‘lack of competition in the market’
Dramatic spike in government borrowing costs
Strategic review prompts transfer as Chesnara expands life and pension portfolio
Majority recognise benefits of financial advice but are struggling to find it
Annuity sales up 38.7% to 80,061 in 2023/24
‘Firms must offer compelling reasons for advisers to stay’
A look into client decision making and its effects on protection uptake