Standard Life says rates have increased by around 4% since the start of the 2024
Made to meet the ‘increasing desire’ for guaranteed income in retirement
Those with lower levels of wealth more likely to choose CDC, study from Aon and Aegon finds
Just Group finds best-worst annuity gap is 16% at age 75, higher than other age groups
Harrods’ £400m buy-in, legal proceedings against Capita and annuity gap rises
Savers have seen highest rates since December after BoE raised interest rate to 4.5% in May
Disclosure of health conditions can lead to “significantly” improved income, analysis finds
More data is needed to understand how future pensioners could best use annuity products
Scottish Widows has launched its standard annuity onto the open market to sit alongside its existing enhanced annuity.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.