Annuity incomes – biggest fall for 15 years

January 18, 2013
Research from Moneyfacts shows the average annual income of a standard annuity for a 65-year old male falling by 11.5% last year, the biggest annual decline since 1998. The switch to gender neutral pricing on 21st December probably eased the blow for female annuity policyholders, with equivalent incomes falling by 6.1% in 2012. According to [...]
Read more at:http://www.bankingtimes.co.uk/2013/01/19/annuity-income-biggest-fall-for-15-years/

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