Research finds one in five believe retirees with annuities at risk of running out of money
Canada Life research finds annuity sales increased by 100% compared to H1 2022
Tool will help Smart’s members when comparing and buying annuities
Just one in ten UK adults aged over 50 are willing to risk their money
Payback period on a benchmark £100,000 annuity today is 14.5 years
Analysis finds gap could leave retirees potentially £500 a year worse off
Savers have seen highest rates since December after BoE raised interest rate to 4.5% in May
Isio acquires Deloitte UK’s pensions business, and DLUHC seeks views on McCloud remedy
In an increasingly busy market for bulk purchase annuities, schemes are reaching buyout funding earlier than planned.
Increased rates mean a disparity between annuities is ‘very apparent’