Deane Moore Over the past five years, guaranteed life annuity rates have increased by 33% for men and 43% for women, writes Deane Moore . For more financial news, go to the News24 Business front page .
South African life insurers are currently offering annuity rates at highs rarely seen over the past 20 years. The main driver behind the sudden leap in annuity rates is the country’s 10-year bond yield, which is at its highest since November 2002.
While South Africa’s rising interest rates have inflicted great financial pain on consumers by increasing the cost of living, long-term […]
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