Annuities have experienced a bit of a resurgence in recent months amid high interest rates. These are pension products that pay a fixed income for life once you are ready to retire. But with other ...

Annuity rates are competitive now amid an overall elevated rate climate. Some providers are currently offering immediate annuity rates above 7% for a 65-year-old, compared to the 4% to 5% range when ...

This is not the first time the base rate has been at its current level: it was at 0.5 per cent for six years before dropping in August 2016 to 0.25 per cent, and rebounding again last year. If ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...

Pension annuity sales increased by a quarter (24 per cent) last year to reach a 10-year peak of 89,600, numbers from the Association of British Insurers show.

Pension scheme funding remains “favourable” despite today's decision by the Bank of England to keep interest rates on hold. ...

Three-legged stool of retirement planning has grown a bit wobbly over the years as fewer workers can rely on a pension.

The number of annuities sold is on the rise, but the Financial Services Compensation Scheme said that too few savers were unaware of the benefits of buying one. Annuities are having a resurgence.

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

Gainbridge reports a cultural shift towards self-directed investing, empowering consumers to manage their retirement, ...

After years in retirement wilderness – when rock-bottom rates and new pension freedoms made them look old-fashioned and poor value – annuities are staging a comeback. Once dismissed as yesterday’s way ...

(Reuters) -RTX Corp said on Thursday it will incur non-cash pretax charge of about $300 million in the fourth quarter related ...