Annuity Rates, Annuities, Pensions, Divorce Call for a Retirement Quote
Home News Annuity Rates Annuities Pension Annuity Impaired Annuity Annuity Quotes Pensions Divorce Resources
   

Free Retirement Quotes Free Quotes for Your Retirement Options
Find out more about the latest annuity rates or drawdown, ask for a whole of market quote which is free and without obligation to find the the best income.
 
Yes
Lifetime annuity income Yes Drawdown income you need
Yes Take your tax free cash Yes Guarantees for a fixed term
Yes Avoid Brexit uncertainty Yes Free retirement quotes and advice
Get your free retirement quotes today
 
9 February 2024 last updated
Latest Gilt Yields Chart
15-year gilt yields - last 17 years
Based on figures for January 2024
Annuity Rates Chart
 
15-year gilt yields chart is at 4.43% on 9 February 2024

Find out more details:
Monthly analysis of annuities and gilt yields


Annuity rates are based primarily on the 15-year gilt yields so changes in gilt yields will affect annuities. The above chart shows yields at an all time low of 0.162% on 9 March 2020 after concerns over a no-deal Brexit, the US-China trade tensions and fear of recession due to the Coronavirus.

The 15-year gilt yields had reduced significantly since June 2008 due to the financial crisis and reached a record high of 5.13% on 23 October 2023 as interest rates are expected to be higher for longer.
 
  More annuity topics
  News & articles
  Archive news stories
  Flexi-access drawdown
  Annuity rates tables
  Outlook for 2024
  Annuity rates charts
  15-year gilt yields
  Latest annuity rates
 

As a general rule a 30 basis point rise in yields would increase annuities by 3.0% although the providers may take time to introduce these changes depending on their own strategies.

By 1 January 2024 yields were -62 basis points lower than the figures in July 2008 when they were 4.83%.

The 15-year gilt yields increased by +26 basis points to 4.21% during January 2024 with providers of standard annuities increasing rates by an average +1.51% for this month and rates may increase by +1.09% in the short term if yields remain at current levels.

For smoker and enhanced annuity providers have increased their rates by an average of +2.90% and rates may decrease by -0.30% in the short term if yields remain at current levels.


For the latest updates see Annuity Rates Review.
 
Other charts
 
Annuity Rates Chart Annuity Rates Chart
Read the latest annuity rates review to find out if this is the best time to buy an annuity.
   
Annuity Rates Changes Annuity Rates Changes
Find out about the latest changes in annuity rates and if they are rising or falling.

Annuity Rates
Single
  55 £5,928  
  60 £6,282  
  65 £6,960  
  70 £7,894  
Joint
  55 £5,650  
  60 £5,992  
  65 £6,473  
  70 £7,160  
£100,000 purchase, level and standard rates
Annuity Rates
Annuity Quotes
Ask for a free quote with up to 25% more income or 40% for impaired health.
Yes Free quotes
Yes No obligation
Yes All providers
Free Annuity Quote
Flex-Access Drawdown
Take control of your money
Easy access
Tax free cash
Family benefits
Keep your fund
Flexible Income Plans
  Follow Us:
Follow the latest annuity updates on Twitter or Facebook
  Facebook Page Twitter Page
Sharingpensions.co.uk   This website is for marketing purposes only and does not provide financial or legal advice, see about our services. Website security is by GeoTrust and Equifax. Copyright©2001-24 Sharingpensions.co.uk. All Rights Reserved