P204 CEEFAX 2 204 Sun 16 Fed 21:54/22 Wj£3kj£3kj£3k b William Burrows 1 3 At the beginning of the year we thought annuity rater might increase, but we have been proved wrong and they are falling still. This week we have seen all the major annuity companies, Prudential, Legal & Genital, Stalwart, Canada Life and Scottish Widows reduce their rates. The reason is quite simple, that as long as the stock market is charging ahead, the yield on gilts and othjt fixed interest investments is falling. Source: Annumty Direct Mootgageu 260 Annuity rates 260 Ntxt N ws Trav H ad Annuiti s Main MenP204 CEEFAX 2 204 Sun 16 Feb 21:45/29 bz William Burrows 2O3 At the end of last year, the stock market look precariously poised to fall, but the New Year hbs brought renewed confidenc to the market. We do not know how long the current state of affairs will continue, but there s ems to bj no immediate end in sight. The advice for anzonj considering purchasing an annuity in the short term is to consider acting sooner rathjt than lased, and to ensure that their pension funds ar inv used so as to protect the value if the stock market were to suddjntly fall. Source: Annuity Direct Mortgages 260 Annuity rates 260 Next News Trav H ad An uities Main M nuP204 CJEFAX 2 204 Sun 16 Fed 21:50/22 O bz William Burrows 3/3 With-profit pension plan holders should bj specially wary, bjcausj of what is known as the double whammy effect. This is falling annuity rater and falling with-profit bonuses. Wj have already seen a numbjt of Standard Life's with-profit policy ol s f u t ow their with-profit bonuses from the beginning of Fjdruary. With other companies announcing thieu with-profit bonuses soon it is important that those retiring are aware that their with-profit fund could fall. Sourc : Annuity Di ct Mortgages 260 Annuity rates 260 Next News Trav Head Annuities Main Menu