The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. When it comes to retirement planning, annuities are one of the financial ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But as with most financial products, the headline promise isn't the full ...