Annuity incomes hit record high but interest rate cut looms
29 April 2025
Annuity incomes have soared to a new record high, despite economic turmoil. The latest data from Hargreaves Lansdown’s annuity search engine shows a 65-year-old with a £100,000 pension can now get up to £7,882 per year from a single life level annuity with a five-year guarantee. This figure is up 63% on what was...
