Published On: Thu, Nov 4th, 2021

Interest rate hike to give pensioners £5,000 extra income – ‘much-needed boost’

PENSIONERS could benefit if the Bank of England hikes interest rates today as this could boost annuity rates. A single base rate hike would give the average annuity buyer up to £5,000 extra over their retirement – more if interest rates climb higher over time.
Daily Express :: Finance Feed

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