Best and worst annuity rate gap widens with age

Just Group finds best-worst annuity gap is 16% at age 75, higher than other age groups

Jasmine Urquhart
clock • 1 min read
Best-worst annuities gap widens with age, Just Group finds

Best-worst annuities gap widens with age, Just Group finds

The gap between the best and worst annuities widens with age, analysis from Just Group has found.

By failing to shop around, a healthy 75-year-old with a £50,000 pension can miss out on 16% of retirement income a year (£650) if they buy the least competitive annuity, while in recent months the ...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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