Advisers urged to check annuity rates amid flurry of changes

Advisers urged to check annuity rates amid flurry of changes

By Carmen Reichman Advisers are being encouraged to check and re-check the best annuities on offer to clients amid a flurry of rate changes as the market continues to shake off jitters from hitting rock bottom in 2016.

So far between 23 October and 23 November there have been eight rate changes, according to data from investment firm Hargreaves Lansdown.

Legal & General and Canada Life adjusted their rates on 23 November following earlier changes made by Hodge Life and Aviva .L&G revised its enhanced annuity rates four times in November, albeit not always upwards. It referred to the changes as […]

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