Annuities
Author
Discussion

jmn

Original Poster:

1,303 posts

310 months

Saturday 5th February 2022
quotequote all
Apparently rates are beginning to rise, having been in the doldrums for many years.

Are we getting anywhere near the point when it might be a reasonable step to take out an annuity from all or part of a SIPP?

PistonHead007

447 posts

61 months

Saturday 5th February 2022
quotequote all
Not from a financial return point of view. They still have their place for covering off essential costs if your total capital isn't enough to absorb losses but the rates have a long way to go before they look even half decent value.