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Has the interest rate hike affected annuities?

David Bird

From the blog: Planning for retirement is as important now as it has ever been. With the ageing workforce, interest rate hikes and the changing pension landscape, there are a lot of external factors weighing down on the retirement saving plans of savers. 

 

The retirement of the future is going to look very different to how it does today. So naturally, the question many people have is how much the November 2017 increase in the base rate will alter annuity pay-outs. The short of it: not as much as they would like.

 

Click here to read the full blog post

David Bird | January 15, 2018

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