Number 'shopping around' for annuities reaches record high

Just Group finds two-thirds of annuities purchased after customers shopped around for best rates

Jasmine Urquhart
clock • 1 min read
Number 'shopping around' for annuities reaches record high

The number of those “shopping around” for the best annuity rates has reached a record high, Just Group says.

The firm's analysis of Financial Conduct Authority (FCA) Retirement Income Market Data[JS1]  found two thirds (62%) of annuities this year (2024/25) were purchased after customers had shopped aroun...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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