Whilst Annuity rates were falling the decision when to buy an Annuity was simple, most people did so as quickly as possible. But with rates starting to rise, albeit slowly, is there a case for delaying your Annuity purchase in the hope of a higher income?
Annuity rate rises
Let’s start by looking at what’s happened to Annuity rates so far in 2013.
During the first few months of the year rates stayed pretty static. But over the ...