Pension schemes 'can cope' with Pound's fall and hovering UK borrowing prices

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Pension schemes 'can cope' with Pound's fall and hovering UK borrowing prices


“The newest information exhibits a 65-year-old with a £100,000 pension can now stand up to £7,425 a yr from a single life stage annuity with a five-year assure (which suggests the annuity can be paid out for the assured interval even when somebody dies). That is up from £7,235 a yr final week and up a whopping 48% on the £5,003 that was on provide this time three years in the past.


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