The pound fell to a fresh 14-month low on Monday, while UK government bonds, also known as gilts, continued to see 10-year ...
The pension income offered by annuity providers has risen as a result following a hike in gilt yields, with one provider able ...
Data from Hargreaves Lansdown’s annuity search engine revealed a £190 increase in the amount a 65-year-old could get from a single life annuity with a five-year guarantee in just a week. Helen ...
Annuities are back in the spotlight, thanks to the recent market turmoil causing rates to rise. These are pension products that pay a fixed income for life once you are ready to retire ...
The Pensions and Lifetime Savings Association said schemes are required to hold increased buffers to withstand market ...
What is an annuity rate? Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension ...
Systematic lumpsum withdrawal plan (SLWP) in National Pension System (NPS) enables an investor to withdraw a fixed amount and ...
From 2022 to 2024, annuity sales topped $1.1 trillion, according to Limra, a global research organization for the insurance industry. In 2023 alone, annuity sales increased 23 percent over the prior ...