16% gap between best and worst annuity deals

22 April 2023

Failing to shop around for the most competitive guaranteed annuity deals could cost retirees an extra 16% of income, research from Just Group revealed. According to the analysis, a 65 year old in good health using £50,000 of pension to purchase a standard Guaranteed Income for Life solution (GIfL) could generate £3,378 a year...