Welcome to our comprehensive guide to annuity terms in UK finance. In the complex world of pensions and retirement planning, understanding the language of annuities is crucial for making informed decisions about your financial future. Whether you’re approaching retirement, advising clients, or simply looking to expand your financial knowledge, this glossary provides clear, concise definitions of key annuity concepts.
From basic terms like ‘Lifetime Annuity’ to more intricate concepts such as ‘Mortality Drag’ and ‘Guaranteed Annuity Rates’, we’ve compiled an extensive list to help demystify the annuity landscape. This resource reflects the current state of UK pension regulations, including changes brought about by the 2015 Pension Freedoms.
Dive in to enhance your understanding of annuities and empower yourself to navigate the choices available in today’s pension market. Remember, while this guide provides valuable information, it’s always advisable to seek professional financial advice for decisions regarding your pension and retirement planning
Annuity Terms in UK Finance
