Lifetime annuity rates rise to more than 7% in June, Standard Life finds

Standard Life says rates have increased by around 4% since the start of the 2024

Jasmine Urquhart
clock • 1 min read
Standard Life has said annuity rates rose to 7% in June
Image:

Standard Life has said annuity rates rose to 7% in June

Lifetime annuity rates for a healthy 65-year-old have increased to 7.08% in June, according to Standard Life’s Annuity Rates Tracker.

The tracker, which monitors current average annuity rates for those at 60, 65, and 70 years old, found rates have improved by around 4% since the start of the year for a healthy 65-year-old, and by...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

UK GDP shrinks 0.1% in January

UK GDP shrinks 0.1% in January

Decline in GDP due to a fall in production output as forecast predicts 'tough year ahead'

Sorin Dojan
clock 14 March 2025 • 2 min read
PLSA Investment Conference: Member outcomes must be 'front and centre' of scheme agendas

PLSA Investment Conference: Member outcomes must be 'front and centre' of scheme agendas

People’s Pension CIO says members want ‘do it for me’ approach from providers

Jasmine Urquhart
clock 14 March 2025 • 1 min read
XPS Group becomes administrator of John Lewis pension scheme

XPS Group becomes administrator of John Lewis pension scheme

Scheme selected consultancy of administrator to ensure high-quality service for members

Holly Roach
clock 14 March 2025 • 2 min read
Trustpilot