P204 CEEFAX 204 Mon 25 Dec 19:20/51
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n1n1 |.% ANNUITY UPDATE
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During 1995 annuity rates fell by 8%
while during the same period the
FT-SE 100 rose by over 17%.
So, while people buying annuities were
getting lower rates, the value of their
pension funds as growing, more than
compensating for the reduction in
annuity rates.
At the beginning of the year Equitable
Life, Royal Life, Standard Life and
Norwich Union were offering the best
rates for single life annuities.
This month, Sun Life of Canada,
Standard Life, Canada Life and Norwich
Union are offering the best rates.
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Arrivals Stocks UT Panel Moneyfile