Annuity rates have risen for the first time in almost a year, according to
figures from the Annuity Bureau.
Figures in February showed a 3pc increase in Aviva's level annuity rate, while
the other four leading providers of annuities also raised their rates. A
65-year-old with a pension pot of £100,000 would now
get an annual income of £5,905 from their annuity.
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Thanks for the post. I've been looking into my personal finances and I am unsure whether to sell annuity payment in order to take care of some loans, or to try and tough it out until I can get back to work.
ReplyDeleteHi, Very true and this is a good time to take a beter step for your life. This year is bit good compare to last year.
ReplyDelete