The turmoil in Qatar will have a short-term effect on annuity rates but we don’t expect a lasting effect. If we can all just revisit Economics 101 for a short time we’ll remember that rising oil prices leads to higher inflation that leads to higher interest rates and vice versa.
There that’s over with, carry on with your day.
We believe that the following rates applied to the mortality scale MP-2016 will give you a pretty good indication of the price of a group annuity contract. Use the smaller rate for small contracts.