Smokers' annuity rates stir but RPI and level slashed

In the RPI-linked annuities market, Aviva was the only insurer to increase its rates, adding £40 per year to its annuity for a 60-year-old male with a fund of £100,000. This was still no match for last month's top rate from Canada Life, which remains at £3,520. Meanwhile, the top providers all cut or held their level annuity rates. Aviva still has the top rate but its current offering has fallen from £6,020 to £5,990. Saga cut £250 off its annuity income falling to third place in the table with £5,750. For smokers' annuities, Reliance Mutual's rate of £6,721 came out on top as this pa...