Here is what you need to know about annuity rates: Annuities were once the go-to product for retirees before pension freedom rules were introduced in 2015. From age 55, you can use the value of ...
Average annuity rates have risen 5% over the past year, despite two Bank of England interest rate cuts. According to data from Hargreaves Lansdown, the average 65-year-old with a £100,000 pension ...
There’s a better way to save money for many people. It’s a fixed-rate annuity — also known as a multi-year guarantee annuity or a CD-type annuity. You can earn up to 2.40% for a three-year ...