Explained in plain English
Boosting your retirement income
Annuity rates hitting an eighteen year high means your pension pot can buy a much larger guaranteed yearly income for life. A standard pot for a sixty five year old now yields over two thousand pounds more in expected lifetime payouts, giving you extra financial security and peace of mind during your golden years.
Stories that explain this
Annuity rates reach 18-year high to expand retirement pots for pensionersThis explainer came from a news story
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