Annuity rates are on track to post their biggest ever annual fall, according to new research compiled by Moneyfacts.
The data provider looked at how annuity rates for a healthy 65-year-old male with £50,000 had changed since the start of 2016. Moneyfacts found that rates had declined by 15% year-to-date.
Source Moneywise http://ift.tt/2cEcLP6
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