Retirees losing thousands with worst-paying annuities

Analysis finds 14% annuity gap costs retirees on moderate income up to £27,000

Jasmine Urquhart
clock • 2 min read
Just Group analysis finds retirees could lose out on thousands each year if they buy worst-paying annuity
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Just Group analysis finds retirees could lose out on thousands each year if they buy worst-paying annuity

The gap between the best and worst-paying annuities is costing retirees thousands of pounds each year, analysis by Just Group has found.

The gap between the most and least competitive standard (non-personalised) annuity deals currently stands at 14%, with those taking into account medical and lifestyle history paying even more secur...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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