Annuity index – 15 years of change

Annuity index – 15 years of change

We began charting the best annuity rates available on 27 th May 2003. We’ve looked at how buying secure pension income compares now with 15 years ago. The last 15 years has seen a seismic shift in how we leave work and draw income from our pensions. Contributor Nathan Long, senior pension analyst at Hargreaves Lansdown.

Annuities allow retirees to buy themselves a guaranteed income for the rest of their life. Many people crave the peace of mind this brings, especially if they don’t have other sources of secure income when work stops. Retirement can last an awfully long time, […]

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