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.
Source: express.co.uk
Rob Yuille News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Rob Yuille. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Rob Yuille Today - Breaking & Trending Today
Record £5.2 billion annuity sales due to higher interest rates, says ABI
Sales of retirement annuities reached a post-pension freedoms high last year, according to the Association of British Insurers
Source: mirror.co.uk
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.
Source: professionalpensions.com
Comment - More - Pensions Expert
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
Source: pensions-expert.com
Insurers urge 'extreme caution' by Government over potential pension changes
The central purpose of DB pension schemes to pay the benefits promised to members should not be undermined, the Association of British Insurers said.
Source: ross-shirejournal.co.uk