Retirement: Annuity rates fall 7% in just three months

A new survey has confirmed just how far Annuity rates have fallen over the past few months. The latest figures from the MGM Advantage Annuity Index show that Annuity rates have fallen by 7% over the past three months. Enhanced Annuity rates, which can provide a higher income for people who suffer from ill health or have certain lifestyle issues, such as smoking, fell by 5%. Our advisers can get you the latest annuity rate...

Retirement: Annuity rates drop in June, how low will they go?

Retirement: Annuity rates drop in June, how low will they go?Our research has shown that Annuity rates have dropped for a third month in a row. Last month our benchmark Annuity rate dropped by a further 1%, on top of a sharp fall in May of over 3.5%. For the second month in a row Legal & General are the most competitive provider, with Aegon propping up the table, offering the lowest Annuity rate, down nearly 6% on the month before...