Gilt yield drama makes rising annuity rates ‘hard to ignore’

Dramatic spike in government borrowing costs January started in dramatic fashion for government borrowing with a significant cost spike which saw the 15-year gilt yield standing at 5.17%, compared to 4.23% on the same date the previous year. Uncertainty about the performance of the UK economy and the ramifications for inflation after Donald Trump returns to the White House are …

Retirement ProfessionalsGilt yield drama makes rising annuity rates ‘hard to ignore’