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BBC

Depending on how the market views the likelihood of further base rate rises, annuity rates may continue to creep up.

According to Willliam Burrows, of Better Retirement, a 1% rise in gilt yields translates into an 8% rise in annuity rates.

But we are still a long way from the heady days of the 1990s, when a £100,000 pension pot would have bought an annual income of around £15,000 a year.

BBC

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If you want to make the most of pension freedoms you should start planning ahead and make sure your financial affairs are in good shape in the years running up to retirement.

William Burrows

William Burrows

Local office
Guildford, Surrey

Call: 07730 435 657

Better Retirement
Head office
Leeds Innovation Centre
103 Clarendon Road
LEEDS, LS2 9DF

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