Over-80s turn to annuities as rates climb

Over-80s turn to annuities as rates climb

Increase in Annuity Purchases Among Over-80s Observed

A growing number of individuals aged over 80 are reportedly turning to annuities as interest rates climb, according to a report. The trend is highlighted by an uptick in the size of annuity purchases within this demographic.

Original Source: https://www.ft.com/content/12ea81a9-d806-4997-b0da-ddec093bbe20

CC, Osborne Clarke lead on FTSE 100 Admiral's £80m insurtech buy

CC, Osborne Clarke lead on FTSE 100 Admiral's £80m insurtech buy

Admiral's Strategic Move: Acquiring Flock Insurance giant Admiral has announced its decision to purchase UK-based digital insurer Flock in an...

Read More
Admiral Group to Acquire Telemetry Insurtech Flock in £80m Fleet Insurance Push

Admiral Group to Acquire Telemetry Insurtech Flock in £80m Fleet Insurance Push

Admiral Group to Acquire Flock: A New Step in Fleet Insurance Admiral Group is making headlines with its decision to acquire Flock, a London-based...

Read More
Lloyds to take extra £800mn charge over car finance mis-selling

Lloyds to take extra £800mn charge over car finance mis-selling

Lloyds Takes Extra Steps Following FCA Ruling Lloyds Banking Group has announced it will increase its charge by £800 million in response to the...

Read More