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flag HSBC UK now lets customers shop for annuities online via Legal & General, boosting retirement income options.

flag HSBC UK has partnered with Legal & General to let its customers directly explore and apply for annuities through the bank’s website, enabling access to guaranteed retirement income while comparing market rates. flag The move, building on an existing relationship for other L&G products, reflects rising demand for annuities, with L&G reporting record sales exceeding £2 billion in 2025. flag Customers seeking guidance are referred to HSBC’s financial advice team, supporting informed retirement planning amid growing numbers of defined contribution pension holders approaching retirement.

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