Statistics

• retail prices index
• average weekly earnings
• key pensions, tax and social security annual data for 2007/2008
• returns over 12 months
• male age 60: no escalation
• male age 60: escalating at 3%
• male age 65: no escalation
• male age 65: escalating at 3%
• female age 60: no escalation
• female age 60: escalating at 3%
• female age 65: no escalation
• female age 65: escalating at 3%
• joint life - 100% spouse's benefit
• male age 60, wife age 57: no escalation
• male age 65, wife age 63: no escalation
• male age 60, wife age 57: escalating at 3%
• male age 65, wife age 63: escalating at 3%

Rebased to 100 from January 1987

Source: Office for National Statistics 

In January 2010, the Office for National Statistics introduced a new official earnings measure, Average Weekly Earnings, to replace the Average Earnings Index. The data published here reflects the new series, for the whole economy, not seasonally adjusted, including bonuses and including arrears. Other variables, such as seasonally adjusted data, are available from www.statistics.gov.uk

Rebased to 2000 = 100

Earnings increase over last 12 months (to May 2010) = 1.2* %
* provisional figure

Source: Office for National Statistics 

Source:  Government   data, collated by Hewitt Associates 

Returns are calculated over the previous 12 months, assuming all income is reinvested.  All returns are calculated gross, except for UK Equities, which is calculated net

Source: Hewitt Associates 

Annuity Rates

Competitive compulsory purchase annuity rates as at 2 August 2010. All payments are monthly in arrears, without a guarantee period and with escalation and a spouse’s benefi t of 100% on joint life as shown. Figures assume an annuity purchase price of £100,000 and are shown gross. Figures are for illustration purposes only and do not include enhanced rates for smokers or those in ill health, or companies that provide annuities only for a specifi c group of retirees. A company appearing top for one set of benefits or age may be poor for a diff erent set; it is therefore imperative to shop around for an annuity based on your circumstances.

Rates may change by the time of publication. Figures supplied by The Annuity Bureau, a division of Alexander Forbes Financial Services, FSA authorised and regulated.

Tel: 0845 602 6263
Website: www.annuity-bureau.co.uk

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