Annuity gap increases to a four-year high

Analysis finds gap could leave retirees potentially £500 a year worse off

Martin Richmond
clock • 2 min read
Annuity gap increases to a four-year high

The gap between the best and worst paying annuities for retirees has risen to its highest level in over four years, according to analysis from Just Group.

The firm's research of the market found the disparity between the least and most competitive annuity providers has increased to 18%, compared to 14% earlier this year. It calculated this gap wou...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry welcomes appointment of Torsten Bell as pensions minister

Industry welcomes appointment of Torsten Bell as pensions minister

Industry says minister’s appointment comes during a ‘critical’ year for pensions policy

Martin Richmond
clock 15 January 2025 • 4 min read
Tulip Siddiq resigns as economic secretary

Tulip Siddiq resigns as economic secretary

Siddiq steps down as secretary over alleged Bangladeshi financial links

Eve Maddock-Jones
clock 15 January 2025 • 1 min read
Net Zero Asset Managers suspends activities as it launches 'fit for purpose' review

Net Zero Asset Managers suspends activities as it launches 'fit for purpose' review

Follows series of groups departing

Michael Holder
clock 15 January 2025 • 5 min read
Trustpilot