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Annuity rates hit eight-year high

Annuity rates have hit their highest point in eight years, with a further surge in annuity income expected if the Bank of England raises interest rates today, according to a new report.

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‘Ideal’ retirement income is £22,500 a year 

The ideal retirement income is £22,500 per annum, according to new consumer research.

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Annuity rates could rise by up to 14%

Annuity rates could rise by 14% if the Bank of England continues to raise the base rate.

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Annuities may stage comeback as CPI soars - planner

National Financial Planning group Continuum has predicted that annuities may see a return to favour as advisers try to cope with the impact of soaring inflation on their clients.

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