Trick or Treat: Which assets will rise from the dead?
Many Happy Returns
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UK Annuity Rates - Trick or Treat?
If you had a pension pot of 100,000 pounds and we're going to hand this over to an annuity company, prior to 2022, you'd have been looking at getting around 5,000 pounds per year for handing that lump sum over. But as an average, whereas now that's surged to around 7,500 pounds, so it's a lot higher. The disadvantage if you're just about to retire is the lump sum you have to give over is probably falling quite a lot. So to summarize then, UK annuities, a trick or a treat? I'd say trick because I'd much rather manage my own and I'd rather hand it on to my family when I
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