If you are thinking about your retirement options, then one question to consider is whether now could be a good time to buy an annuity to give you an income boost in life after work as rates shoot up to a 14-year high.
Retirees who convert their pension pots into annuities can now enjoy much higher incomes as annuity rates reach a 14-year high.
Annuity rates have rocketed by 52% this year, thanks partly to rising interest rates .A 65 year old with a pension pot worth £100,000 who buys an annuity would now receive a guaranteed income of […]
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