After years in retirement wilderness – when rock-bottom rates and new pension freedoms made them look old-fashioned and poor value – annuities are staging a comeback. Once dismissed as yesterday’s way ...

Annuity rates are competitive now amid an overall elevated rate climate. Some providers are currently offering immediate annuity rates above 7% for a 65-year-old, compared to the 4% to 5% range when ...

This is not the first time the base rate has been at its current level: it was at 0.5 per cent for six years before dropping in August 2016 to 0.25 per cent, and rebounding again last year. If ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

The number of annuities sold is on the rise, but the Financial Services Compensation Scheme said that too few savers were unaware of the benefits of buying one. Annuities are having a resurgence.

Britain's high borrowing costs are giving the Chancellor a headache, but pension savers can turn Rachel Reeves’ misfortune to their advantage by locking in a higher income. The rise in yields on ...

Pension annuity sales increased by a quarter (24 per cent) last year to reach a 10-year peak of 89,600, numbers from the Association of British Insurers show.

Retirees are missing out on more than £13,000 by failing to shop around for the best annuity deal. According to research by retirement specialist Just Group, the difference between the best and worst ...

Learn how to turn your retirement savings into dependable income. Financial experts explain the pros, cons and tax rules of ...

In times of economic uncertainty, like the country is currently facing, these annuities are a good option to have when ...