Annuity decline continues in November

Research from Alexander Forbes Annuity Bureau also found smokers are benefiting from particularly attractive rates in the current climate. Figures for November show the highest level annuity for a 60-year old male with £100,000 is £6,992.04, down £48 since October and more than £100 down over the past two months. Inflation linked annuities went the other way, and Prudential increased its rates by £131 to offer the highest rate at £3,997.32. However, some providers decreased their escalating rates at the same time. Rates are expected to fall further over the coming months as bond mark...