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Retirees flock to buy annuities as sales hit highest level since 2014

The pension freedoms, which came into force from 2015, gave over-55s a range of options over how to use their defined contribution (DC) pension pot.

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Annuity sales reach post pension freedoms high in 2023

Sales of annuities in 2023 hit their highest levels since the introduction of pension freedoms in 2014, research from the Association of British Insurers (ABI) has found.

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Annuity sales jump to the highest level in years as savers are tempted by deals worth 7%-plus

Industry body the Association of British Insurers says sales were £1.5 billion in the last quarter of the year, after a strong third quarter when sales were £1.4 billion.

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Annuity sales jump to the highest level in years as savers are tempted by deals worth 7%-plus

Annuity sales jump to the highest level in years as savers are tempted by deals worth 7%-plus
dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.

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Vanguard urges personalised retirement solutions key to boosting outcomes

Vanguard urges personalised retirement solutions key to boosting outcomes
superreview.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from superreview.com.au Daily Mail and Mail on Sunday newspapers.

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