Morning Live: Iona’s base rate clinic

Interest rates are rising, with knock-on effects not just for borrowers but savers young and old too.

With the base rate set to hit 4% this year, I look at whether folks should be thinking about a Lifetime Isa and (if they’re nearer to retirement) whether annuities are now a good shout or not (short answer: possibly, but it’s complicated).

You can check out my latest interest rate clinic on BBC Morning Live – catch up on BBC iPlayer (date 20.02.23).

 

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