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 retire. But with a range of ...

Rates on annuities with the same term vary hugely ... As you pass through each decade of working life and build wealth for retirement, watch out for the financial traps that can hinder your ...

Latest figures confirm record sales in 2024, including four straight quarters exceeding $100 billion, with most of the wins ...

Fixed annuities earn a fixed interest rate for a set number of years. You get a specific rate, which means you get guaranteed earnings. Your annuity’s worth, deferral period length, age and ...

The main appeal of a retirement annuity is the guaranteed income that can last for the remainder of your life. "For people ...

To reduce your risk while getting a good interest rate, consider fixed-rate annuities, also called multiyear guaranteed annuities (MYGA). They are designed to act much like tax-deferred versions ...

Annuity sales jumped 24 per cent last year as higher interest rates prompted providers to offer much better deals. The number of sales hit 89,600, a 10 year high. And total sales were worth £ ...