Annuity rates have fallen across the board for December as gilt yields have plunged to record lows.
Further decreases to annuity rates are predicted for next year, Alexander Forbes Annuity Bureau said. As of 1 December, Aviva held the top male single life level annuity (age 60, £100,000 purcha...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
