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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Calum Cooper takes over as president of the Society of Pension Professionals

Calum Cooper takes over as president of the Society of Pension Professionals

Hymans Robertson partner succeeds XPS Group’s Sophia Singleton in the role

Jonathan Stapleton
clock 01 June 2026 • 2 min read
LGPS committee members must 'ready themselves' for new requirements

LGPS committee members must 'ready themselves' for new requirements

Hymans Robertson updates online learning tool to help LGPS funds stay ahead of changes

Holly Roach
clock 01 June 2026 • 2 min read
Industry failing to communicate benefits of pensions, young people say

Industry failing to communicate benefits of pensions, young people say

People’s Pension research finds almost half of Gen Z do not engage with their pension

Martin Richmond
clock 01 June 2026 • 1 min read
Trustpilot