HSBC customers using its website now have access to the L&G annuity service and can directly apply for an annuity from the provider. They can also explore and apply for the best rates across the market, the provider explained. It added that if a customer required advice, they would be referred to HSBC UK’s financial advice team.
L&G said demand for annuities at retirement had returned in recent years, with the provider pointing out that it achieved record sales of more than £2bn in 2025.
It said strong market conditions had improved rates while there was “increasing awareness of the o…
