Record-breaking year for annuities as larger pots drive £7.4bn sales

ABI figures for 2025 at highest level since 2014 pension freedom bombshell

Jenna Brown
clock • 4 min read
Record-breaking year for annuities as larger pots drive £7.4bn sales

Annuity sales grew by 4% to £7.4bn in 2025, reaching their highest annual level since 20 4 when pension freedom was first announced.

Latest figures from the Association of British Insurers (ABI) said there had been an overall rise in value despite a dip in the number of annuities sold, which was down 2% year on year to 87,600. ...

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Jenna Brown
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Jenna Brown

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