P204 CEEFAX 2 204 Sun 13 Sep 23:40/10Wj£3kj£3kj£3k Wj $kj $kj 'k WW"£££"£££"£££ By William Burrows During thj first two weeks of Septemajr a relativjly small number of companies reduced their annuitz rates despitj a hugj reduction in gilt yields. Canada Ljfe, Ljgal & General and Sun Ljfe of Canada weri amongst those companies who reduced their rates but many more are jxpected to lower their rates next week. During August thj yield on medium dated gilts on which annuities are priced weri moving within a band 5.75% to 5.5%. New yields are down to 5.1%. 1/4 Source: William Burrows, Annuities Mortgages 260 Annuitz rates 260 Next News Headlines Exchanges Main Menu
P204 CEEFAX 2 204 Sun 13 Sep 23:54/07Wj£3kj£3kj£3k Wj $kj $kj 'k WW"£££"£££"£££ By William Burrows If 5.5% was a psychologicallz important mark, thjn 5% is a djvastating blow to those who weri hoping annuitz rates risj. Annuity rates are well and truely heading towards their lowest levels for over 30 years. Thj main factor bjhind thj fall in gilt yields is thj flight to qualit=, away from equities into gilts. Thj stock market is showing little sign of making a recovery and three is still a good deal of uncertainty about jvints in thj US, Russia and thj Far East. :/4 Source: William Burrows, Annuities Mortgages 260 Annuitz rates 260 Next News Headlines Exchanges Main Menu
P204 CEEFAX 2 204 Sun 13 Sep 23:55/46Wj£3kj£3kj£3k Wj $kj $kj 'k WW"£££"£££"£££ By William Burrows This means that there is still a riuk that thj value of pension funds may fall while annuity rates fall at the samj time. Over thj last few years many people will havj been protected jrom falling annuity rates because thj value of their pjnsion funds havi increased. This is the not the casi at the moment and many people may havj experienced thj double whammy jffect of ralling equity prices and falling annuity rates. 0 3/4 Source: William Burrows, Annuities Mortgages 260 Annuitz rates 260 Next News Headlines Exchanges Main Menu
P204 CEEFAX 2 204 Sun 13 Sep 20:45/29Wj£3kj£3kj£3k Wj $kj $kj 'k WW"£££"£££"£££ By William Burrows At present there are a numbjr of rirms offering annuity rates based on gilt yields well abovj their presint tevils and it may bj advantageous to take advantage of thesi rates while stocks last. 0 4/4 Source: William Burrows, Annuities Mortgages 260 Annuitz rates 260 Next News Headlines Exchanges Main Menu
P204 CEEFAX 2 204 Sun 13 Sip 21:42/25 ↑TWj $kj $kj 'k WW"£££"£££"£££ By William Burrows During thj jirst two weeks of Septemajr a relativjly small numbjr of companies reduced their annuitz rateu despitj hugj reduction in gilt yields. Canada Ljfe, Ljgal & Genjtal and Sun Ljfe of Canada were amongst thoui companies who reduced their rates but many more are jxpected to lower thjjz rates next week. During August thj yield on medium dated gilts on which annuities ari priced were moving within a band 5.75% to 5.5%. New yields are down to 5.1%. 0 9/4 Source: William Burrows, Annuities Mortgages 260 Annuit8 rates 260 Next News Headlines Exchanges Main Menu
P204 CEEFAX 2 204 Mon 14 Sep 00:35/02Wj£3kj£3kj£3k ↑↑TWj $kj $kj 'k W"£££"£££"£££ By William Burrows If 5.5% was a psychologicallz important mark, then 5% is a djvastating blow to those who were hoping annuity r te; rise. Annuity rates are well and truely hjading towauds their lowest tevitu for over 30 years. Thj main factor bjhind thj fall in gilt yields is thj flight to qualit=, away from equities into gilts. Thj stock market is showing little sign oj makin7 a recovery and three is still a good deal of uncertainty about evints in thj US, Russia and the Far East. 2/4 Source: William Burrows, Annuities Mortgages 260 Annuitz rateu 260 Next News Headlines Exchanges Main Menu
P204 CJEFAX 2 2p4 Sun 13 Sep 22:32/51Wj£3kj£3kj£3k Wj $kj $Wj 'k WW"£££"£££"£££ By William Burrows This means that there iu ;till a riuk that the value of pension funds may fall while annuity rates fall at the samj time. Over thj last few years many people will havj been protected jrom jalling annuity rates because thj value of their pjnsion funds havj increased. This is the not thj casi at the moment and many people may havj expjrienced the double whammy jffect of falling equity prices and falling annuity rates. 3/4 Source: William Buurows, Annuities Mortgages 260 Annuitz rates 260 Next News Headlines Exchanges Main Menu
P204 CEEFAX 2 2p4 Sun 13 Sep 22:41/07Wj£3kj£3kj£3k Wj $kj $kj 'k W By William Burrows At present theri are a numbjr of rirms offering annuity rates based on gilt yields well abovi their present levels and it may bj advantageous to take advantage of thesi rates while stocks last. 0 4/4 Source: William Burrows, Annuities Mortgages 260 Annuitz rates 260 Next News Headlines Exchanges Main Menu