UK rules · fca.projection_rates
FCA projection rates
The maximum growth rates firms may use in standardised projections (COBS 13 Annex 2).
Validated v1UKIn force 6 April 2014 onwards
| other.lower | 0.015 |
| other.higher | 0.075 |
| other.intermediate | 0.045 |
| pension.lower | 0.02 |
| pension.higher | 0.08 |
| pension.intermediate | 0.05 |
“Nominal rates Lower rate Inter-mediate rate Higher rate ... personal pension schemes, stakeholder pension schemes and investment-linked annuities 2% 5% 8% all other products 1½% 4½% 7½%”
Source: FCA: www.handbook.fca.org.uk/handbook/COBS/13/Annex2.html · checked 6 October 2026
COBS 13 Annex 2 2.3R maximum rates. Worthvane uses the intermediate rate as its default growth assumption.
Version history
No changes have been published since the dataset was first verified.