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PENSION annuity rates have hit a 15-year high and experts suggest now is a good time to buy one. Annuities are a product you can buy with your pension pot that gives you a set income when you retire. 1 Annuities give retirees a guaranteed income for the rest of their lifeCredit: Alamy Exactly how…
THE BANK of England has opted to hold interest rates at their current level to the disappointment of homeowners. During today’s meeting of the Monetary Policy Committee (MPC), the BoE’s rate-setters kept the base rate at 4.75%. 1 The Bank of England has opted to hold interest rates at 4.75%Credit: Alamy Most economists had predicted the central bank to keep interest…
