Articles tagged "annuities"

Annuity rates in freefall

News by Rebecca Rutt
Annuity rates have plummeted 9.3% during the last three years, meaning less money for people about to draw their pensions, according to the latest results of MGM Advantage's Annuity Index.

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Pensioners brace themselves for lower incomes

News
Annuities, which provide an income for life in retirement, are at their lowest rates for many years and will continue to fall, leading to worries over a drop in living standards.

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