The coronavirus pandemic has effectively and truly bought our consideration right now, and one word that retains popping up is “unprecedented,” which means that it’s uncharted territory to all concerned, which is true. In case you are meaning to retire soon, and were making ready to purchase an annuity, in March, the Financial institution of England cut the base price twice in simply over a week as an extra emergency response to the coronavirus pandemic, reducing it from zero.25% to zero.1%. This has meant annuity rates have also fallen.
In other words, we simply need to have a stability of … Read More...