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UK pensions withstand market volatility, seeing surpluses and higher annuity rates despite economic turmoil.
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.
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.
For instance, a 65-year-old with a £100,000 pension can now receive up to £7,425 annually.
The mortgage market is mixed, with some lenders raising rates while others hold back, influenced by rising government borrowing and economic uncertainty.
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Las pensiones del Reino Unido soportan la volatilidad del mercado, al ver excedentes y tasas de anualidad más altas a pesar de la agitación económica.