annuties

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Monday, 24 July 2023 12:48

Over 50s unimpressed by rising annuity rates

Despite the significant improvement in annuity rates over the past 18 months, only 14% of 50+ year olds who are at least fairly familiar with annuities consider them to currently offer a good rate.

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New pension freedoms will be curtailed, predicts Groves

Partnership chief executive Steve Groves has forecast that the new pension freedoms will eventually be curtailed.

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Budget leads to annuity sale cancellations at Legal and General

The Budget pension reforms led to about £15m of annuity sales at Legal and General being cancelled, the company reported today.

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