Author Topic: Annuity rates finally on the increase  (Read 3014 times)

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The Prophet

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Annuity rates finally on the increase
« on: June 22, 2013, 10:48:37 am »
After several years of Quantitative Easing (QE) the Fed has signalled it is, at least in the US being scaled back.
After a rise in Gilt yields over the last 8 weeks is the 20-year Bond bull market is finally over?

There is now a real prospect of annuity rates actually rising as they reflect the yield on 15-year government bonds (Gilts).
That's good news for anyone nearing retirement as annuity rates have fallen 20-30% since 2010.

Be sure to use the Open Market Option and check for the best return for your pension pot.
For those who smoke or have existing medical conditions such as diabetes, can receive even more through an enhanced annuity as providers recognise their reduced life expectancy.