This page contains information that administrators of self-administered pensions may find useful or which they may need to check regularly.

Many of our system users have had problems obtaining the monthly gilt yield needed on which to base the relevant GAD rates when a client enters drawdown, as this information is based on UK Gilts (15 years) from the FTSE UK Gilt Indices, as published in the Financial Times for the 15th day of the calender month. The yield that should be used in this context is as follows:

- the gilt yield prevailing on the 15th day of each month, if that day is a working day;

- if the 15th day is not a working day, then the gilt yield for the working day preceding the 15th should be used.

This page serves as a reference point for our users to this information, in case they have had difficulty obtaining the prevailing rate themselves.