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An annuity is a financial product designed to provide a regular income, typically for the rest of your life or for a fixed period, in exchange for a lump-sum payment. It’s often used as a way to convert part or all of your pension pot into a stable source of income once you retire.
Popular tags: Annuities, annuites rates uk, pension planning, retirement planning, lifetime annuities, annuities uk, fixed-term annuities, independent financial adviser
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Note: This page is for information purposes only and should not be considered as financial advice. Always consult an Independent Financial Adviser for personalised financial advice tailored to your individual circumstances.