The latest inflation data is in, and unfortunately, it comes with more bad news for consumers. The Consumer Price Index data, released today, shows that inflation climbed to 2.9% in August, marking ...
Stubbornly higher inflation has triggered more retirees to buy annuities where the income they get increases each year in line with consumer prices – as well as products that pay out more if you are ...
Almost all retirees receive at least some form of guaranteed lifetime income, most commonly Social Security. For many households, Social Security represents the largest cash flow source in retirement, ...
Annuities are back in fashion among retirees amid high inflation and pension reforms. Sales of annuities worth more than £250,000 rose by 31% in 2025, said the Association of British Insurers (ABI), ...