Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UK pensions withstand market volatility, seeing surpluses and higher annuity rates despite economic turmoil.

flag Pension schemes in the UK are well-equipped to handle market fluctuations, despite the pound falling to a 14-month low and bond yields reaching highs last seen in 2008. flag Defined benefit pension schemes are in surplus, and the turmoil in bond markets has led to a surge in annuity rates, offering retirees higher incomes. flag For instance, a 65-year-old with a £100,000 pension can now receive up to £7,425 annually. flag The mortgage market is mixed, with some lenders raising rates while others hold back, influenced by rising government borrowing and economic uncertainty.

17 Articles