One million pre-retirees considering annuities

Legal & General says number considering annuities for the first time has doubled

Jasmine Urquhart
clock • 2 min read
One million pre-retirees considering annuities

Nearly one million (990,000) pre-retirees are considering annuities for the first time, analysis by Legal & General (L&G) Retail has found.

The consultancy's analysis of 2,000 UK pre-retirees - those in work aged 55 and over - in November last year found 16% are considering annuities due to improved rates against the backdrop of increa...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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