Annuity rate climb to continue?

Adrian Holliday

If you took out a pension annuity last year, bad luck. Annuity rates have climbed 5.6% since the start of the year, claims MGM Advantage. That 5.6% rise pushes an annual £5,230 income from a £100,000 pension pot to £5,524 - almost £300 extra.

More rises to come? Or should you take the plunge while the going has - somewhat - improved? %VIRTUAL-SkimlinksPromo%