Quilter says UK annuity purchases jump 13.2% to 100,144 in year to March 2026

• Quilter flagged a 13.2% rise in annuity purchases to 100,144 in the year to March 2026, citing improved rates from higher yields.
• More than half of annuity purchases were made without regulated advice or guidance, raising risks around irreversible retirement decisions.
• FCA data showed 8%+ withdrawals remained the most common drawdown rate, except for pots of £250,000 or more.
• Nearly half of new drawdown entrants now do so without regulated advice, up from about a quarter when FCA tracking began.
• Over-50s employment recovery is reshaping retirement behavior, with women’s average labour-market exit age at a record 65.1 years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quilter plc published the original content used to generate this news brief on September 24, 2026, and is solely responsible for the information contained therein.