Interest rate hike to give pensioners £5,000 extra income - ‘much-needed boost’



PENSIONERS could benefit if the Bank of England hikes interest rates today as this could boost annuity rates. A single base rate hike would give the average annuity buyer up to £5,000 extra over their retirement - more if interest rates climb higher over time.

Source: Daily Express :: Finance Feed https://ift.tt/2YfBIu1

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