When’s the best time to buy an annuity?
Find clear, straightforward answers to common questions about pensions, retirement planning, investments, fees and charges, and the services we provide.
Rates generally improve with age, but they’re also influenced by interest rates. Some people buy in stages to spread rate risk – known as ‘laddering’.
Also In this section:
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Can I combine an annuity with drawdown?
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How are annuity rates calculated?
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When’s the best time to buy an annuity?
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Can I leave money to family?
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Are annuities protected if the provider fails?
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Do I need financial advice?
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Can I have more than one annuity?
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Can I use a defined benefit pension to buy an annuity?