“someone aged 70 or over with a £100,000 private pension pot can now secure an annual guaranteed income of £8,433, equivalent to an annuity rate of 8.43 per cent.”
“For people aged 65 and over, the average annuity rate now stands at 7.75 per cent, which Standard Life said is the highest level recorded since August 2008.”
“A healthy man aged 65 buying an annuity in July 2026 could expect to receive around £156,000 over his lifetime, while a healthy woman of the same age could receive around £177,000. Among healthy 70-y…”
“Standard Life's research also found that 39 per cent of financial advisers expect annuities to become more popular because of the planned inheritance tax changes.”
