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Annuity Rates

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steve2359_2

steve2359_2 Posts: 11 Forumite

17 May 2007 at 4:52PM in Pensions, annuities & retirement planning

Are annuity rates in any way related to the BoE base rate and if so might they rise shortly to reflect the recent increase?

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EdInvestor Posts: 15,749 Forumite

17 May 2007 at 5:55PM

They are based on gilt yields.Yields have been rising lately so annuity rates have gone up a bit in recent months

Trying to keep it simple...
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