P204 CEEFAX 2 204 Mon 20 Jan 03:55/28 bz William Burrows 1/2 Interest rates have not changed following the meeting between the Chancellor and the Governor of the Bank of England. It now seems that they are unlikely to move until after the Genital Election. As a consequence, both shares and gilts have increased, so the yield on gilts has fallen, therefore it seems unlikely that annuity rates will rise any furthjt for the time being, and it is likely that they may fall slightly. Source: Annuity Direct Mortgages 260 Annuity rates 260 MonjyProg Trav Head Annuities Main MenuP204 CEEFAX 2 204 Mon 20 Jan 03:54/47 bz William Burrows 2/2 This week Canada Life, one of the best barometers of trends in annuities, dropped its rates. However, this is not necessarily bad news for the people approaching retirement, because for many the rise in the stock market will more than compensate for a fall in annuity rates. But as the financial markets are still volatile, it is more important than ever to considjt moving into safer investments as you approach retirement. Source: Annuity Direct Mortgages 260 Annuity rates 260 MonjyProg Trav Head Annuities Main Menu