UK Savers Penalised for Failing to Shop Around

UK savers penalised for failing to shop around

More than 80% unaware of pension fees while across all forms of investment only 7% check costs before opening an account

Employer News:Annuity Rates Hit New Highs in 2025 – But without Shopping Around, Savers Risk Missing Out, warns Steve Butler

Steve Butler, Managing Director at Pension Potential, is urging retirees to explore all their options before locking into a deal with their pension provider, as annuity rates reach their highest levels in over a decade. A healthy 67-year-old with a £100,000 pension pot can now secure an annual annuity income of £7,795, up from £7,146 […] The post Annuity Rates Hit New Highs in 2025 – But without Shopping Around, Savers Risk Missing Out, warns St…

Annuity Rates Hit New Highs in 2025 – But without Shopping Around, Savers Risk Missing Out, warns Steve Butler - Business in the News

Steve Butler, Managing Director at Pension Potential, is urging retirees to explore all their options before locking into a deal with their pension provider, as annuity rates reach their highest levels in over a decade. A healthy 67-year-old with a £100,000 pension pot can now secure an annual annuity income of £7,795, up from £7,146 in January.* Steve’s comments come as new figures from Just Group[i] show returns available to pension savers thr…

Annuity Rates Hit New Highs in 2025 – But without Shopping Around, Savers Risk Missing Out, warns Steve Butler

Steve Butler, Managing Director at Pension Potential, is urging retirees to explore all their options before locking into a deal with their pension provider, as annuity rates reach their highest levels in over a decade. A healthy 67-year-old with a £100,000 pension pot can now secure an annual annuity income of £7,795, up from £7,146 in January.* Steve’s comments come as new figures from Just Group[i] show returns available to pension savers thr…