Canada Life's annuity quote activity up 20% as rates rise

A benchmark annuity will now provide an extra £36,220 income over a 20-year period

clock • 2 min read
Canada Life's annuity quote activity up 20% as rates rise

Canada Life has seen quotes for annuities increase by a quarter this year from 2021 as it announces a further improvement to its annuity rates.

This the 16th time this year that the firm has raised annuity rates, driven by increases in the base interest rate and gilts yields over the course of 2022, with rates up around 40% this year. I...

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