Guaranteed life annuities offer a secure income stream that is usually purchased with a lump sum from an insurance company.

John Egan is a veteran personal finance writer whose ... 83% believe they’ll be financially secure in retirement. A lifetime income annuity is a common type of retirement-focused annuity that ...

Annuities may be a go-to investment option for retirees with a high net worth that value comfort, customizability, and ...

PENSION annuity rates have hit a 15-year high and experts suggest now is a good time to buy one. Annuities are a product you can buy with your pension pot that gives you a set income when you retire.

An annuity is a financial product that provides a guaranteed income for life (or a fixed period) in exchange for a lump sum payment ...

David Rodeck specializes in making insurance, investing, and financial planning understandable for readers. He has written for publications like AARP and Forbes Advisor, as well as major ...

Contributions to a personal pension get tax relief ... free lump sum but you must use the rest of the savings to buy an annuity, which will pay you a regular amount for the rest of your life.

Getting the ‘The Golden Equation’ to balance makes it far more likely you won’t run out of money once you retire.

It’s a dramatic return to favour for a market that has been criticised in recent years for offering poor value for money and for being inflexible. An annuity is a retirement income product where you ...

Governments have long struggles with balancing income options for retirees, but one option, once unpopular, is quickly ...