February annuity rates on slow and steady rise

Its figures are based on a male annuitant aged 60 with a £100,000 pension pot. Aviva had the best level rate in February, adding £20 to its annual rate of £6,170. Canada Life came second with £6,038, whilst Saga, despite raising its rate by £80 to £5,960, came third. Aviva was also top for RPI linked annuities, lifting its rate by £10 to £3,590. Canada Life was second, having held its rate at £3,468, whilst Standard Life came third having held its rate at £3,332. Meanwhile, smokers' rates have continued to rise, with LV= ahead of other providers offering £7,022, up £207 from Januar...