The great annuity awakening: Why it was a record-breaking year for annuities

Once considered by many to be an outdated and unattractive option for those entering retirement, annuities are now seeing a powerful resurgence. According to the latest figures from the Association of British Insurers (ABI), sales of annuities grew by 4% to £7.4 billion in 2025, the highest annual level since pension freedoms were announced more than a decade

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Once considered by many to be an outdated and unattractive option for those entering retirement, annuities are now seeing a powerful resurgence. According to the latest figures from the Association of British Insurers (ABI), sales of annuities grew by 4% to £7.4 billion in 2025, the highest annual level since pension freedoms were announced more…

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