Level annuity rates holding steady

Jenna Towler
clock

Level annuity rates are holding steady in July with several firms vying for top of the table, Alexander Forbes Annuity Bureau says.

The top male rate from Aviva was unchanged at £6450 for a male, aged 60 with a £100,000 purchase. Meanwhile Aegon Scottish Equitable upped its female rates by £88 per annum to £6108 for a 60-year-o...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Income

Solving the problem of non-advised decumulation

Bruce Moss: Solving the problem of non-advised decumulation

'Massive problem looming'

Bruce Moss
clock 15 August 2022 • 5 min read
'Concerning' rise in non-advised decumulation sales

'Concerning' rise in non-advised decumulation sales

40% in 2021

clock 19 July 2022 • 2 min read
LV= said: "Due to property price inflation, mortgage terms today are much longer than they were historically, and therefore many people may find themselves at retirement age without having fully paid off their mortgage."

1.5m UK adults retire with outstanding home loans - LV=

'Navigating the cost of living crisis'

clock 24 June 2022 • 3 min read