September annuity rates on 'even keel'

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Annuity rates have mostly remained constant over the past month with Aviva still in the top spot, according to the latest figures from Alexander Forbes Annuity Bureau.

Basing research on a 60-year-old male with a £100,000 purchase, the figures say Aviva offers slightly less compared to last month, with £6,020 rather than £6,060, but still is ahead of the pack. Saga remains at £6,000, and Canada Life remained third with the same rate of £5,932. Legal and General's rate dropped from £5,841 to £5,769, and Standard Life came in fifth place with £5,612. RPI rates showed little movement over the past month. Canada Life came in first with an unchanged £3,520, whilst second-place Aviva had dropped marginally from £3,490 to £3,430. Saga, Standard Life and AX...

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