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Displaying items by tag: annuities

Tuesday, 25 March 2025 10:21

1 in 8 annuity buyers unwilling to shop around

One in eight people intending to purchase an annuity would not consider switching from their existing pension provider to another supplier, even if they could potentially gain additional retirement income.

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Monday, 17 March 2025 13:35

Standard Life growth boosted by annuities

Retirement provider Standard Life, part of Phoenix Group, has reported a business boost from the growing popularity of annuities.

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Thursday, 13 March 2025 12:58

Annuity rates rise 8% in 12 months

Annuity rates have increased by 8% for a healthy 65-year old over the last 12 months, according to new data.

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The IHT changes announced in the Autumn Budget have triggered a shift in the advice that IFAs are providing to their clients, according to a new study.

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Monday, 10 March 2025 13:49

Annuity rates surge to 16-year high

Annuity incomes have surged to a 16-year high as the market booms, according to the latest data from Hargreaves Lansdown’s annuity search engine.

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Thursday, 27 February 2025 12:56

Aviva has record £7.8bn annuity sales

Retirement sales at Aviva jumped by a third last year to £9.4bn, up from £7.1bn in 2023, the company said in its annual results published today.

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Wednesday, 12 February 2025 10:53

Annuity sales jump 24% to new record high

Sales of pension annuity contracts jumped 24% in 2024 to 89,600, according to new data from the Association of British Insurers (ABI).

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Monday, 13 January 2025 12:51

Bond turmoil causes annuity rates to surge

The turmoil in the bond markets has caused annuity incomes to soar by almost 50% in the last three years, new data shows.

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Monday, 04 November 2024 11:05

Annuity rates up 2.5% since January

Average annuity rates for a healthy 65-year-old have increased by around 2.5% since January, according to the latest Standard Life Annuity Rate Tracker.

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Monday, 30 September 2024 11:44

Royal London enters bulk purchase annuity market

Mutual pensions firm and life insurer Royal London has today confirmed its entry into the bulk purchase annuity (BPA) market.

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