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Annuities News 2020 - Second half year
Find out more about developments for annuities and gilt yields for this month or select another month from the table below or the reviews for each month
annuities news archives
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Archive News Stories:
2024
First Half Year
Second Half Year
2023
First Half Year
Second Half Year
2022
First Half Year
Second Half Year
2021
First Half Year
Second Half Year
2020
First Half Year
Second Half Year
Click on the above links for previous month annuity news stories
News for the period:
Retirement income bounces back with strong stock market rise
24 December 2020:
Retirement income from invested pensions has bounced back up 16.5% since October.
Successful vaccine for Covid-19 sends gilt yields higher
10 December 2020:
Drugs company Pfizer and BioNTech announce successful vaccine results.
Equity markets rise 14% as vaccines could end economic uncertainty
20 November 2020:
Equity markets up as new Covid-19 vaccine could end uncertainty for economy.
Annuity rates could rise as gilt yields bounce back with vaccine results
18 November 2020:
Annuity rates could increase as drug companies reveal successful Covid-19 vaccine.
Annuities at risk with volatile gilts due to Covid-19 restrictions in Europe
9 November 2020:
Gilt yields fall to 0.39% during the month as rsing cases of Covid-19 in Europe.
Fear of new Covid-19 restrictions in Europe sends gilt yields lower
5 October 2020:
Covid-19 cases in Europe may result in lockdown restrictions sends gilt yields lower.
Providers raise annuity rates as gilt yields bounce 22 basis points
1 September 2020:
Gilt yields increase 22 basis points to 0.56% similar level to the start of the year.
Retirement annuities rise up to 2.4pc as investors sell-off bonds and gilts
31 August 2020:
Providers increase pension annuity rates by 2.4% after bond and gilt sell-off by investors.
Gilt yields lower with concern of global economy as Covid-19 cases rise
4 August 2020:
Covid-19 cases rise could impact the global economy sending investors to bonds and gilts.
Annuity rates risk falling as rise in Covid-19 cases slows recovery
31 July 2020:
Annuity rates could fall with gilt yields at lowest levels due to rising Covid-19 cases.
Pension annuities fall as Federal Reserve hold rates until 2022
7 July 2020:
Fed holding rates at a record zero percent until 2022 sending pension annuities lower.
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Annuity Rates
Age
Single
Joint
55
£6,132
£5,784
60
£6,532
£6,234
65
£7,247
£6,808
70
£8,170
£7,616
£100,000 purchase, level rates, standard
Unisex rates and joint life basis
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